Compute the max profit when the demand function is p(x)=x^2-3x+2 and the total cost function is C(x)= 2x^3/3 - 1/2x^2-2x. Enter just a reduced fraction of form a/b.
Can anyone solve this?
Last edited by mr fantastic; April 18th 2010 at 07:14 PM.
Reason: Edited post title.
Compute the max profit when the demand function is p(x)=x^2-3x+2 and the total cost function is C(x)= 2x^3/3 - 1/2x^2-2x. Enter just a reduced fraction of form a/b.