What Quantity of Gadgets Should Be Produced to Maximize Profit

question 47

Short Answer

What quantity of gadgets should be produced to maximize profit if they sell for $500 per unit and the total cost (in dollars) of producing x units is given by ? What is that profit?

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Definitions:

Worthy Argument

A claim supported by solid evidence and reasoning that stands up to critical scrutiny.

Merits

The inherent values or advantages of something, judged based on its qualities or achievements.

Proof

Evidence or argument establishing or helping to establish a fact or the truth of a statement.

Fallacious Arguments

Reasoning that contains flaws in logic or premise, leading to invalid conclusions or misleading assertions.