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The profit function P(x) of a firm, sell...

The profit function P(x) of a firm, selling x items per day is given by P(x)= `(150-x)x-1625`. Find the number of items the firm should manufacture to get maximum profit. Find the maximum profit

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To solve the problem, we need to find the number of items \( x \) that maximizes the profit function \( P(x) = (150 - x)x - 1625 \). We will also find the maximum profit. ### Step 1: Write down the profit function The profit function is given by: \[ P(x) = (150 - x)x - 1625 \] ### Step 2: Differentiate the profit function To find the maximum profit, we need to differentiate \( P(x) \) with respect to \( x \): \[ P'(x) = \frac{d}{dx}[(150 - x)x - 1625] \] Using the product rule, where \( u = 150 - x \) and \( v = x \): \[ P'(x) = u'v + uv' = (-1)x + (150 - x)(1) \] This simplifies to: \[ P'(x) = -x + 150 - x = 150 - 2x \] ### Step 3: Set the derivative equal to zero To find the critical points, set \( P'(x) = 0 \): \[ 150 - 2x = 0 \] Solving for \( x \): \[ 2x = 150 \implies x = 75 \] ### Step 4: Determine if this point is a maximum To confirm that this is a maximum, we can find the second derivative \( P''(x) \): \[ P''(x) = \frac{d}{dx}[-2] = -2 \] Since \( P''(x) < 0 \), this indicates that \( P(x) \) has a maximum at \( x = 75 \). ### Step 5: Calculate the maximum profit Now, substitute \( x = 75 \) back into the profit function to find the maximum profit: \[ P(75) = (150 - 75) \cdot 75 - 1625 \] Calculating this: \[ P(75) = 75 \cdot 75 - 1625 = 5625 - 1625 = 4000 \] ### Conclusion The firm should manufacture **75 items** to achieve the maximum profit, which is **4000**. ---
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