Maximizing profit for manufacturing rackets

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Reference no: EM131563884

Question: MAXIMIZING PROFIT A manufacturer of tennis rackets finds that the total cost C(x) (in dollars) of manufacturing x rackets/day is given by C(x) = 400 + 4x + 0.0001x2. Each racket can be sold at a price of p dollars, where p is related to x by the demand equation p = 10 - 0.0004x. If all rackets that are manufactured can be sold, find the daily level of production that will yield a maximum profit for the manufacturer.

Reference no: EM131563884

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