Mathematics, 27.08.2021 01:00, shortcake8047
An industry produces x lots of a product monthly. The monthly value resulting from the sale of this product is V (x) = 3x² + 400x and the monthly cost of production is given by C (x) = 5x² - 100x - 540 sales Knowing that the profit is obtained by the difference between the value resulting from the and the cost of production, calculate:
A) The number of product lots to maximize profit?
B) What monthly profit can the industry achieve?
Answers: 3
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