SOLUTION AT Australian Expert Writers
c) A company has established that the revenue function in Ringgit Malaysia is R(x) = 2r + 40x +&x and the cost function in Ringgit Malaysia is C(x) = 3x + 19×2 +80x – 800.i) Find the level of production that will yield a maximum profit for the company.ii) Find the price per unit to maximize the profit.
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