For a commodity

MATHEMATICS · Single correct · AP · Calculus AB · Analytical Applications of Differentiation · Analytical Applications of Differentiation

Problem

For a commodity, the price–demand function is p=100−5xp = 100 - 5x (in rupees) and the cost function is C(x)=20x+200C(x)=20x+200 (in rupees). What is the maximum profit the firm can earn? (a) Rs 100100 (b) Rs 320320 (c) Rs 120120 (d) Rs 8080

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