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If the Cost of a Commodity Is C(x)=18x2+3x+98C ( x ) = \frac { 1 } { 8 } x ^ { 2 } + 3 x + 98

Question 49

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If the cost of a commodity is C(x)=18x2+3x+98C ( x ) = \frac { 1 } { 8 } x ^ { 2 } + 3 x + 98 dollars when x units are produced and the selling price is p(x)=13(75x)p ( x ) = \frac { 1 } { 3 } ( 75 - x ) dollars per unit, find the level of production where profit is maximized.

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