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Mathematics, 09.09.2020 14:01 sha712
The cost function for a certain company is C = 60x + 300 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 $300.
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The cost function for a certain company is C = 60x + 300 and the revenue is given by R = 100x − 0.5x...
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