find the value of x that will maximize profit.?

0 ⤊

The demand equation for a monopolist is p(x)=1050-0.03x
and the cost function is C(x)=450x+750000
x is greater than zero

2006-06-15 13:17:22 · 2 answers · asked by mellodude365 1 in Science & Mathematics ➔ Mathematics

x=90555.56

2006-06-15 14:17:27 · answer #1 · answered by michael.avery 3 · 0⤊ 0⤋

http://people.hofstra.edu/faculty/Stefan_Waner/realworld/Summary1.html

this link should have all the info you need.

2006-06-22 15:28:06 · answer #2 · answered by Answerer Ongoing 3 · 0⤊ 0⤋