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A manufacturer can sell x items of a com...

A manufacturer can sell x items of a commodity at price Rs (330-x) each and the cost of producing x items is Rs `(x^(2)+10x+12)`. Find MAR.

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To find the maximum profit (MAR) for the manufacturer, we will follow these steps: ### Step 1: Define Selling Price and Cost Price The selling price (SP) of one item is given as: \[ SP = 330 - x \] Thus, the selling price of \( x \) items is: \[ \text{Total SP} = x \cdot (330 - x) = 330x - x^2 \] The cost of producing \( x \) items is given as: \[ \text{Cost Price (CP)} = x^2 + 10x + 12 \] ### Step 2: Calculate Profit Profit (P) is defined as the difference between total selling price and total cost price: \[ P = \text{Total SP} - \text{CP} \] Substituting the values we have: \[ P = (330x - x^2) - (x^2 + 10x + 12) \] Simplifying this: \[ P = 330x - x^2 - x^2 - 10x - 12 \] \[ P = 330x - 2x^2 - 10x - 12 \] \[ P = 320x - 2x^2 - 12 \] ### Step 3: Find the Maximum Profit To find the maximum profit, we need to differentiate the profit function with respect to \( x \) and set the derivative equal to zero: \[ \frac{dP}{dx} = 320 - 4x \] Setting the derivative equal to zero for maximization: \[ 320 - 4x = 0 \] Solving for \( x \): \[ 4x = 320 \] \[ x = 80 \] ### Step 4: Verify Maximum Profit To confirm that this value of \( x \) gives a maximum profit, we will check the second derivative: \[ \frac{d^2P}{dx^2} = -4 \] Since the second derivative is negative, this indicates that the profit function is concave down at \( x = 80 \), confirming a maximum. ### Conclusion The maximum profit occurs when \( x = 80 \). ---
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Knowledge Check

  • If the cost function of a certain commodity is C(x)=2000+ 50x-(1)/(5)x^(2) then the average cost of producing 5 units is

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