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Question 631903: The cost and revenue functions for selling a specialty item are:
R(x) = 50x – 0.5 x2
C(x) = 4x + 10x2
a) Write the equation of the profit function P(x).
b) Sketch the three functions C(x), R(x) and P(x) on the same set of axis.
c) Determine the number of specialty items which produce a maximum profit.
d) Find the maximum profit.
e) Indicate on the profit curve the interval over which profit is decreasing.
Answer by solver91311(24713)   (Show Source):
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