8. Let p(x) = 4 -0.0002r be the price (in TL) of each unit of a certain product required to attract a demand of r units
Posted: Tue May 10, 2022 12:41 pm
8. Let p(x) = 4 -0.0002r be the price (in TL) of each unit of a certain product required to attract a demand of r units in a year and let C() = 600 + 3r be the total cost of producing units of the product in a year (a) (10 points) What is the number of units that should be produced to make the yearly profit as large as possible? (b) (10 points) What is the yearly profit in case (s)