Question:
The profit of a company, in dollars, is the difference
Last updated: 7/6/2022
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The profit of a company, in dollars, is the difference between the company's revenue and cost. The cost, C(x), and revenue, R(x), are functions for a particular company. The x represents the number of items produced and sold to distributors. C(x)=2200 + 40x R(x)=800x-x² a) Determine the maximum profit of the company. b) Determine the number of items that must be produced and sold to obtain the maximum profit.