3.

A company’s profit function at a given level of output, x, is expressed as: P(x) = -0.001x2 + 8x – 5,000

What level of output will maximize profit?

How much profit will be earned at that level of output? $

A company’s profit function at a given level of output, x, is expressed as: P(x) = -0.001x2 + 8x – 5,000

What level of output will maximize profit?

How much profit will be earned at that level of output? $

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