Find the value of x that maximizes profit

Reference no: EM13205020

suppose that the cost function in exercise 45 is C(x) = -2.5x+1, where z is the index-fund fee. (the company has a fixed cost of $1 billion dollars, and the cost decreases as a function of the index-fund fee.) find the value of x that maximizes profit.

Reference no: EM13205020

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