SOLUTION: The cost function for a certain company is
C = 40x + 800
and the revenue is given by
R = 100x − 0.5x2.
Recall that profit is revenue minus cost. Set up a quadratic equati
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-> SOLUTION: The cost function for a certain company is
C = 40x + 800
and the revenue is given by
R = 100x − 0.5x2.
Recall that profit is revenue minus cost. Set up a quadratic equati
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Question 1207491: The cost function for a certain company is
C = 40x + 800
and the revenue is given by
R = 100x − 0.5x2.
Recall that profit is revenue minus cost. Set up a quadratic equation and find two values of x (production level) that will create a profit of $800. Answer by MathLover1(20849) (Show Source):
