Here is another one that I am having problems with.
The cost (in dollars) of producing x items is
C (x) = 4000 - 3x + (X^2 1000)
If the items are sold for $4 each, find the value of x that maximises the Profit and find the maximum profit.
I have figured out the equasion
Profit = P = 4x - (4000- 3x + (X^2 1000)
I tried to put it into my graphics calculator, and get the value for the max profit but its a linear equasion.
Thanks in advance for any help
P.S apologies in advance, I do not know how to put maths equasions into computers... maybe my next question should be about that!