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Exercise 2.4 · Q93

Q.The profit function P(x)P(x) of a firm, selling xx items per day is given by P(x)=(150−x)x−1625P(x) = (150 - x)x - 1625. Find the number of items the firm should manufacture to get maximum profit. Find the maximum profit.

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P(x)=(150−x)x−1625=150x−x2−1625P(x)=(150-x)x-1625=150x-x^2-1625.

P′(x)=150−2xP'(x)=150-2x. Setting =0=0: x=75x=75.

P′′(x)=−2<0⇒P''(x)=-2<0 \Rightarrow maximum at x=75x=75. …

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