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Question 14

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Solve the problem.

The annual revenue and cost functions for a manufacturer of grandfather clocks are approximately

R(x)=480x -0.03x² and C(x) = 200x+100,000, where x denotes the number of clocks made. What is the

maximum annual profit?

O $753,333

$653,333

$853,333

$553,333

Fig: 1