Reed Turner
11/20/2023 · Elementary School

The weekly revenue for a product is given by \( R(x)=290.4 x-0.033 x^{2} \), and the weekly cost is \( C(x)=12,000+145.2 x-0.066 x^{2}+0.00002 x^{3} \), where \( x \) is the number of units produced and sold. (a) How many units will give the maximum profit? (b) What is the maximum possible profit? (a) The number of units that will give the maximum profit is (Round to the nearest whole number as needed.) (b) The maximum possible profit is \( \$ \square \).

Upstudy ThothAI Solution

Tutor-Verified Answer

Quick Answer

(a) The number of units for maximum profit is 2198. (b) The maximum profit is $252,814.48.

Step-by-step Solution

Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text

Enter your question here…

By image
Re-Upload
Uploaded Files
xxxx.png0%
Submit
📸 STUDY CAN BE A REAL STRUGGLE
Why Not UpStudy It?
Select your plan below
Premium

You can enjoy

  • Step-by-step explanations
  • 24/7 expert live tutors
  • Unlimited number of questions
  • No interruptions
  • Full access to answer and
    solution
  • Full Access to PDF Chat, UpStudy Chat, Browsing Chat
Basic
  • Limited Solutions