Let x be the units of greebes sold by a certain manufacturer of greebes. The manufacturer has determined that the cost function for producing x number of greebes is and that the quantity of greebes sold is given by , where p is the unit price. If profit is defined as total revenue minus cost, and total revenue is defined as unit price times quantity sold, what is the maximum profit that this manufacturer can make? Please show the steps.

Question

Let x be the units of greebes sold by a certain manufacturer of greebes.  The manufacturer has determined that the cost function for producing x number of greebes is   and that the quantity of greebes sold is given by  , where p is the unit price.  If profit is defined as total revenue minus cost, and total revenue is defined as unit price times quantity sold, what is the maximum profit that this manufacturer can make?  Please show the steps.

anonymous · Answer

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