A profit function is determined to be P(x) = 24x – 0.004x2 – 45... | Filo
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SOLVED: A clothing manufacturer has the marginal profit function MP(x) = 30 - 0.02x, where 0 < x < 100. In dollars per item, where x is the number of suits produced and sold each week. The initial profit is P(0) = 200 due to the fixed costs. Determine the total profit from producing and selling 70 suits.
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