A manufacturer determines that the cost of making x units of a commodity is Csxd 1800 1
Chapter 4, Problem 60(choose chapter or problem)
A manufacturer determines that the cost of making x units of a commodity is Csxd 1800 1 25x 2 0.2x 2 1 0.001x 3 and the demand function is psxd 48.2 2 0.03x. (a) Graph the cost and revenue functions and use the graphs to estimate the production level for maximum profit. (b) Use calculus to find the production level for maximum profit. (c) Estimate the production level that minimizes the average cost.
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