Find the value of x that gives maximum profit

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Reference no: EM13243939

a company uses solid waste for fuel in theproduction of electricity. The cost Y in dollars per hour toproduce electricity is: Y=12 + 0.3X +0.27X2 ,where X is in megawatts.
Revenue in dollars per hour from the sale ofelectricity is: 18X-0.2X2

a. Find the value of X that gives maximumprofit.
b. Find therange over which profit is possible.

Reference no: EM13243939

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