SOLUTION: The cost function for a certain company is C = 60x + 300 and the revenue is given by R = 100x - 0.5x^2 . Recall that profit is revenue minus cost. Set up a quadratic equation and f
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Question 1046314: The cost function for a certain company is C = 60x + 300 and the revenue is given by R = 100x - 0.5x^2 . 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 $300.
Answer by josgarithmetic(39625) (Show Source): You can put this solution on YOUR website!
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discriminant, ;
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