A Firm Can Produce 100 Units Per Week $C = 500 + 1400 x$

question 27

Multiple Choice

A firm can produce 100 units per week. If its total cost function is $C = 500 + 1400 x$ dollars, and its total revenue function is $R = 1500 x - x ^ { 2 }$ dollars, find the maximum profit.

• A)$3886
• B)$2000
• C)$7007
• D)$5503
• E)$5836

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Definitions:

Calvin Cycle

A series of biochemical redox reactions that take place in the stroma of chloroplasts in photosynthetic organisms and is a light-independent reaction.

Carbohydrate

Organic compounds consisting of carbon, hydrogen, and oxygen, typically in a ratio of 1:2:1, serving as a major energy source for the body.

RuBP

Ribulose bisphosphate, a molecule that plays a crucial role in the carbon fixation phase of photosynthesis.

Calvin Cycle

The Calvin cycle is a set of biochemical redox reactions that take place in the stroma of chloroplasts in photosynthetic organisms. It is a critical part of the process of carbon fixation in photosynthesis.