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A manufacturer estimates that its product can be produced at a total cost of C(x) = 45,000 + 100x + x3 dollars.
If the manufacturer's total revenue from the sale of x units is R(x) = 4600x dollars, determine the level of production x that will maximize the profit.
Find the maximum profit.
“Innovation isn’t about new products, it’s about changing behaviour.” a. Do you agree or disagree based on your knowledge of local companies and their innovation attitude and the article in the link below?
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