Ask your own question, for FREE!
Mathematics 19 Online
OpenStudy (anonymous):

A producer finds that demand for his commodity obeys a linear equation p+.5x=5.5, where p is in thousands of dollars and x is in thousands of units. If the producer's cost are given C(x)=3+1x, what should his level of production be to maximize profits?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
kaelynw: starting to draw a hand
1 day ago 16 Replies 2 Medals
Twaylor: Rate it :D (Took 2 days)
2 days ago 7 Replies 0 Medals
XShawtyX: Art, Short Writing Assignment: Imagining Landscapes
1 hour ago 6 Replies 1 Medal
XShawtyX: Chemistry, Help ud83dude4fud83cudffe
2 days ago 13 Replies 1 Medal
kaelynw: tried a lil smt, the arm is off but i like the other stuff
3 days ago 27 Replies 3 Medals
kaelynw: art igg
3 days ago 14 Replies 1 Medal
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!