Profit = Revenue - Costs
= 220x - x^2 - 90x - 2200.
To find maximum set derivative equal to 0
220 - 2 * x - 90 = 0
Solving for x
x = 130 / 2
Using this value of x in the expression for profit gives
Max profit = $2025
Hiuofhgkjem F.
asked 06/13/19Find the maximum profit if the revenue and cost functions are given by the following equations:
R = 220x - x2 and C = 90x +2200
Profit = Revenue - Costs
= 220x - x^2 - 90x - 2200.
To find maximum set derivative equal to 0
220 - 2 * x - 90 = 0
Solving for x
x = 130 / 2
Using this value of x in the expression for profit gives
Max profit = $2025
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