The cost function and the revenue function of acompany are C(x) = 100 + 0.015x
2 and
R(x) = 3x, where 𝑥 is the number of units of product, respectively.Find the number of units of
product that will maximize the profit. What is the maximumprofit?
Q 7. The cost function and the revenue function of a company are C(x) = 100+ 0.015x² and R(x) = 3x, where x is the number of units of product, respectively. Find the number of units of product that will maximize the profit. What is the maximum profit? (4 marks)
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