A company mines low-grade nickel ore. If the companymines x tons of ore, it can sell the

Chapter 4, Problem 41

(choose chapter or problem)

A company mines low-grade nickel ore. If the company mines \(x\) tons of ore, it can sell the ore for \(p=225-0.25 x\) dollars per ton. Find the revenue and marginal revenue functions. At what level of production would the company obtain the maximum revenue?

Equation Transcription:

Text Transcription:

x

p=225-0.25x

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