For a certain establishment, the total revenue function R and the total cost function C are given
by R = 83 x - 4x2 - 21 and
c = x3 - 12x2 + 48x + 11 where x = output.
Obtain the out put for which profit is maximum
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For a certain establishment, the total revenue function R and the total cost function C are given
by R = 83 x - 4x2 - 21 and
c = x3 - 12x2 + 48x + 11 where x = output.
Obtain the out put for which profit is maximum