If the demand function for a product is given by price p=1200-150x and the cost function is given by C(x)=900x-4X^3 find the following:
A. the profit function
B. the number of units which produce the maximum profit
C. the maximum profit
D. the price which produces this maximum profit.
Thank you for your help, can u tell me if this is correct?
P(x) = x(p(x) - C(x))
B.)P`=12x^2-300x^2-300= two answers 1.04356 and 23.9564