A fertilizer producer finds that it can sell its product at a price of p = 2500 – 0.5x dollars per unit when it produces x units of ertilizer. The total production cost (in dollars) for xunits is C(x) = 75,000 + 625x + 0.125x². f the production capacity of the firm is at most 1000 units of fertilizer in a specified time, how many units must be manufactured and sold in that time to maximize the profit? Selling i units maximizes profit.

Mathematics For Machine Technology
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ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter44: Solution Of Equations By The Subtraction, Addition, And Division Principles Of Equality
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A fertilizer producer finds that it can sell its product at a price of p = 2500 – 0.5x dollars per unit when it produces x units of
fertilizer. The total production cost (in dollars) for xunits is
C(x) = 75,000 + 625x + 0.125x.
If the production capacity of the firm is at most 1000 units of fertilizer in a specified time, how many units must be manufactured and
sold in that time to maximize the profit?
Selling i
units maximizes profit.
Transcribed Image Text:A fertilizer producer finds that it can sell its product at a price of p = 2500 – 0.5x dollars per unit when it produces x units of fertilizer. The total production cost (in dollars) for xunits is C(x) = 75,000 + 625x + 0.125x. If the production capacity of the firm is at most 1000 units of fertilizer in a specified time, how many units must be manufactured and sold in that time to maximize the profit? Selling i units maximizes profit.
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