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The profit of a? company, in? dollars, is the difference between the? company's revenue and cost. The? cost, C(x), and? revenue, R(x), are functions for a particular company. The x represents the number of items produced and sold to distributors.
C(x)=2400+70x
R(x)=870x-x2
a) Determine the maximum profit of the company.
The maximum profit of the company is ?$??
?b) Determine the number of items that must be produced and sold to obtain the maximum profit.
The number of items that must be produced and sold to obtain the maximum profit is??
Stephen Lewis owns 100 shares of PepsiCo at $47.40; 50 shares of Alcoa at $27.19; and 200 shares of McDonald's at $24.72.
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