Pregunta
(1 point)
For the cost function
and the demand function
, find the production lovel that will maximaze profit.
Production Lovel
For the cost function
Production Lovel
Ask by Brewer Park. in the United States
Mar 25,2025
Solución de inteligencia artificial de Upstudy
Respuesta verificada por el tutor
Responder
The production level that maximizes profit is 1175.
Solución

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Como
Beyond the Answer
To find the production level that maximizes profit, we first need to define the profit function
, which is the difference between total revenue and total cost. The total revenue
is given by the price times the quantity, so:
Now, we can write the profit function as:
Simplifying this, we get:
To find the maximum profit, we need to take the derivative of
and set it to zero:
Setting the derivative equal to zero for maximization:
Solving for
:
Thus, the production level that will maximize profit is:
Production Level
units.

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