A company estimates its annual expenses, Y, in dollars from Y = 0.235X2 + 7X + 4 and annual revenue in dollars from 0.215X2 + 15X, where X is annual units sold. Find the value of X that gives maximum profit.

Name: A company estimates its annual expenses, Y, in dollars from Y = 0.235X2 + 7X + 4 and annual revenue in dollars from 0.215X2 + 15X, where X is annual units sold. Find the value of X that gives maximum profit.
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Question

Quizplus · Accepted Answer

The Answer is 200 units

A Company Estimates Its Annual Expenses, Y, in Dollars from Y