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Find maximum profit for the manufacturer

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Reference no: EM131563877

Question: MAXIMIZING PROFIT A division of Chapman Corporation manufactures a pager. The weekly fixed cost for the division is $20,000, and the variable cost for producing x pagers/week is

V(x) = 0.000001x3 - 0.01x2 + 50x

Dollars . The company realizes a revenue of

R(x) = -0.02x2 + 150x                 (0 ≤ x ≤ 7500)

Dollars from the sale of x pagers/week . Find the level of production that will yield a maximum profit for the manufacturer.

Reference no: EM131563877

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