Solve the Problem $x$ Chairs Are Manufactured and Sold Is as Follows

question 219

Multiple Choice

Solve the problem.
-A chair manufacturing company has two different factories. The profit function for Factory I when $x$ chairs are manufactured and sold is as follows:
$$P ( x ) = - 0.05 x ^ { 2 } + 20 x - 500$$
The profit function for Factory II when $x$ chairs are manufactured and sold is as follows:
$$P ( x ) = - 0.05 x ^ { 2 } + 30 x - 2500$$
For what number of chairs is the profit the same at both factories, and what is the profit?

• A) 100 chairs; \(\$ 1000\)
• B) 200 chairs; \(\$ 1500\)
• C) 0 chairs; \(\$ 0\)
• D) 300 chairs; \(\$ 2000\)

Learn about the restrictions and powers of courts in removing corporate directors.

Familiarize with terms and conditions related to tender offers and hostile takeovers.

Comprehend the liability of corporations for torts committed by its agents.

Understand the procedures and legal standards in board meetings and the responsibility of directors under various corporate governance models.

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