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Given the Following Revenue and Cost Functions, Find the Maximum R(x)=80x2x2;C(x)=24x+100R ( x ) = 80 x - 2 x ^ { 2 } ; C ( x ) = 24 x + 100

Question 230

Multiple Choice

Given the following revenue and cost functions, find the maximum profit. (Recall that profit equals revenue minus cost.) R(x) =80x2x2;C(x) =24x+100R ( x ) = 80 x - 2 x ^ { 2 } ; C ( x ) = 24 x + 100


A) $492
B) $684
C) $292
D) $392

Correct Answer:

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