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OpenStudy (anonymous):
The cost and revenue function for the production and sale of x hand-calculators are:
C(x) =1200 + 3x and R(x) = 20x - x^2/40 where 0
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OpenStudy (anonymous):
a. set the equations equal to each other and solve for x b. Profit=R-C. You will get a parabola. Find the value of x that gives the max value. i.e -b/(2a)
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