A firm can produce only 1300 units per month. The monthly total cost is given by  C(x) = 500 + 200x dollars, where x is the number produced. If the total revenue is given by R(x) = 450x − 1/100x^2  dollars, how many items, x, should the firm produce for maximum profit?   X = ___  items Find the maximum profit. _____$

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.1: Functions And Function Notation
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A firm can produce only 1300 units per month. The monthly total cost is given by 

C(x) = 500 + 200x dollars, where x is the number produced. If the total revenue is given by R(x) = 450x − 1/100x^2  dollars, how many items, x, should the firm produce for maximum profit?
 
X = ___  items

Find the maximum profit.
_____$  
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