MobileRodent, a hamster ball producer, sells its MobileRodent hamster balls for $3.00 each

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 1 Words: 275

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Question

MobileRodent, a hamster ball producer, sells its MobileRodent hamster balls for $3.00 each. If the daily production cost in dollars for 'x' hamster balls is C (x) = 24 – 2x +0.002x², how many hamster balls should they produce to maximize profit?

Expert Answer

$solution\nR(x)= 3x\nClac) =\n24 - 2x + 0.00222\nPax)\nRex) – C (x)\nPin): 32 - (24-2*+0.002x2)\np(x)= sa-zy\n-0.00222\np(x)= 5-0.0oda$