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At Allied Electronics, Production Has Begun on the X-15 R(x)=59x0.3x2R ( x ) = 59 x - 0.3 x ^ { 2 }

question 159

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At Allied Electronics, production has begun on the X-15 Computer Chip. The total revenue function is given by R(x) =59x0.3x2R ( x ) = 59 x - 0.3 x ^ { 2 } and the total profit function is given by P(x) =0.3x2+57x8P ( x ) = - 0.3 x ^ { 2 } + 57 x - 8 where x represents the number of boxes of computer chips produced. The total cost function, C(x) , is such that C(x) =R(x) -P(x) . Find C(x) .


Definitions:

Bystander Effect

The concept within social psychology where an individual's likelihood to help someone in need diminishes when they are in the company of others.

Social Interference

The impact that the presence or actions of others have on an individual's behavior, which can hinder or facilitate performance.

Individualist

A person who prioritizes independence and self-reliance, often valuing personal goals and self-expression over collective goals.

Collectivist Groups

Societies or groups that prioritize the needs and goals of the group over the individual, emphasizing interdependence, cooperation, and communal values.

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