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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