Find the level of production that yields maximum profit

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Reference no: EM131792778

A small business has weekly average costs, in dollars, of

C‾=[100/x]+30+[x/10]

where x is the number of units produced each week.

The competitive market price for this business's product is $46 per unit. If production is limited to 150 units per week, find the level of production that yields maximum profit, and find the maximum profit.

Reference no: EM131792778

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