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The Cost of Producing X Units of a Certain Commodity C(x)=3x2+4x+7C ( x ) = 3 x ^ { 2 } + 4 x + 7

Question 47

Multiple Choice

The cost of producing x units of a certain commodity is C(x) =3x2+4x+7C ( x ) = 3 x ^ { 2 } + 4 x + 7 dollars. If the price is p(x) = (49 - x) dollars per unit, determine the level of production that maximizes profit.


A) x = 1
B) x = 2
C) x = 3
D) x = 6

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