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A fertilizer producer finds that it can sell its product at a price of p=300−0.1x dollars per unit when it produces x units of fertilizer. The total production cost (in dollars) for x units is C(x)=15,000+125x+0.025x2 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?
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Chapter 4 Solutions
Calculus Early Transcendentals, Binder Ready Version
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