The profit function for a certain commodity is
. Find the level of production that yields maximum profit, and find the maximum profit.
A) Production levels of 110 yields a maximum profit of $1,200.
B) Production levels of 110 yields a maximum profit of $1,825.
C) Production levels of 55 yields a maximum profit of $4,795.
D) Production levels of 55 yields a maximum profit of $3,025.
E) Production levels of 55 yields a maximum profit of $1,825.
Correct Answer:
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