Question

5. Suppose that the cost of producing x unit of an item is given by C(x)=1400+150 x-1.2 x^{2}+0.001 x^{3} \text { and the demand function is } p(x)=990-3 x \quad

\text { a) } Find the profit function, P(x). b) Find the production level that will maximize profit.

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