Ask Question
22 July, 06:10

The function C (x) = 600x - 0.3x2 represents total costs for a company to produce a product, where C is the total cost in dollars and x is the number of units sold. What number of units would produce a maximum cost? What is the maximum cost?

+1
Answers (1)
  1. 22 July, 06:33
    0
    1000 units produces a maximum cost of $300,000.

    Step-by-step explanation:

    C (x) = - 0.3x² + 600x

    The equation is a downward parabola. Its maximum is at the vertex, which can be found with:

    x = - b / (2a)

    Here, a = - 0.3 and b = 600.

    x = - (600) / (2 * - 0.3)

    x = 1000

    The maximum cost is:

    C (1000) = 300,000

    1000 units produces a maximum cost of $300,000.

    You can also use calculus to find the maximum.

    C (x) = - 0.3x² + 600x

    C' (x) = - 0.6x + 600

    0 = - 0.6x + 600

    x = 1000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The function C (x) = 600x - 0.3x2 represents total costs for a company to produce a product, where C is the total cost in dollars and x is ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers