Solution: Suppose that a manufacturer’s profit on x items is P(x)=1300x-x^2 dollars. How many items should be manufactured in order to minimize profit?
Question: Suppose that a manufacturer’s profit on x items is \(P\left( x \right)=1300x-{{x}^{2}}\) dollars.
- How many items should be manufactured in order to minimize profit?
- What is the maximum profit?
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