Find the number of units x that produce a maximum revinue R.
Find the number of unites x that produce the minimum average cost per unit C.
find the amounts of advertising that maximizes the profit P. (s and p are measeured in thousands of dollars.) Find the point of diminishing returns.
find the number of units x that produce a maximum revinue R.
dR/dx = 800 - 0.4x = 0 implies x = 800/0.4 = 2000
dR/dx = 96x - 0.6x^2 = 0 implies x = 96/0.6 = ...