kabraithwaite
New member
- Joined
- Jul 18, 2010
- Messages
- 5
I have this problem for homework and I have tried several ways to get the answer but I keep getting it wrong, please help!
Problem:
An analyst has found that a company's costs and revenues in dollars for one product are given by C(x)=6x and R(x)=29x-(x^2/1000) , respectively, where x is the number of items produced. What value of x makes the marginal profit zero?
I do not know how the answer is obtained. Thanks for any help!
Problem:
An analyst has found that a company's costs and revenues in dollars for one product are given by C(x)=6x and R(x)=29x-(x^2/1000) , respectively, where x is the number of items produced. What value of x makes the marginal profit zero?
I do not know how the answer is obtained. Thanks for any help!