A manufacturer’s cost function is dollars

MATHEMATICS · Subjective · CBSE · Mathematics · Applications of Derivatives · Applications of Derivatives

Problem

A manufacturer’s cost function is C(q)=0.4q2+20q+600C(q)=0.4q^2+20q+600 dollars, and each unit sells for a fixed price of 6060. Determine the maximum possible daily profit, in dollars.

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