If C(X) = 12000 + 500x 3.2 + 0.004x3 is the cost function and p(x) = 4100 8x is the demand function, find the production level that will maximize...

............................................................................................................................

• Attachment 1
• Attachment 2
• Attachment 3

If C(X) = 12000 + 500x — 3.8)!2 + 0.004x3 is the cost function and p(x) = 4100 — 8x is the demand function, find the production level that willmaximize profit. (Hint: If the profit is maximized, then the marginal revenue equals the marginal cost.)units