Profit where profit is total revenue minus total cost

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Reference no: EM131886909

A firm's total cost (TC) function follows a cubic function: TC(x) = 4 + 36x - 6x2 + x3 where x > 0 is the number of units the firm produces. The firm can sell each unit that it produces at a price of 20,613. How many units should the firm produce if it wants to maximize its profit where profit is total revenue minus total cost? Your answer can contain decimals.

Reference no: EM131886909

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