The Profit Function for a Certain Commodity Is

question 2

Multiple Choice

The profit function for a certain commodity is . Find the level of production that yields maximum profit, and find the maximum profit. ​

• A) Production levels of 110 yields a maximum profit of $1,200.
• B) Production levels of 110 yields a maximum profit of $1,825.
• C) Production levels of 55 yields a maximum profit of $4,795.
• D) Production levels of 55 yields a maximum profit of $3,025.
• E) Production levels of 55 yields a maximum profit of $1,825.

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Definitions:

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