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2021-11-29
Michele Tipton
Beginner2021-11-30Added 11 answers
Step 1
We have,
1)
This is a quadratic function with
Since
Let us determine the number of terms that should be produced to maximize the cost by find the x-value of the vertex.
We know that, vertex of parabola be:
2)
Substitute the value of
Therefore, the value of x-coordinates is 70
Hence, the number of items that maximize the profit is 70 items.