Find the number of items that should be manufactured so


Assume that the total revenue received from the sale of x items is given by,R(x)equals=33ln(5x+2), while the total cost to produce x items is C(x)=x/2

Find the number of items that should be manufactured so that profit, R(x)-C(x), is a maximum. (Hint: Set the derivative of the profit function equal to0.)

Solution Preview :

Prepared by a verified Expert
Basic Computer Science: Find the number of items that should be manufactured so
Reference No:- TGS01671620

Now Priced at $10 (50% Discount)

Recommended (98%)

Rated (4.3/5)