A firm has monthly average costs, in dollars, given by C = 42,000 x + 200...

A firm has monthly average costs, in dollars, given by

C =

42,000

x

+ 200 + x

where x is the number of units produced per month. The firm can sell its product in a competitive market for $1800 per unit. If production is limited to 400 units per month, find the number of units that gives maximum profit.
x = units

Find the maximum profit.
$

Expert Solution

milcah answered 3 years ago

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