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Calculus: Early Transcendentals
8th Edition
ISBN: 9781285741550
Author: James Stewart
Publisher: Cengage Learning
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Question
The demand for steel has been estimated to be p = 303 − 25x, and the total cost
of producing x units of steel is C(x) = 133 + 53x. (The quantity x is measured in
millions of tons and price and total cost are measured in millions of dollars.).
Determine the level of production and the corresponding price that maximize
profits.
Expert Solution
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you have two results for p= technically which one is the correct reference?
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you have two results for p= technically which one is the correct reference?
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