If C(x) = 11000+500x−4.2×2+0.004×3 is the cost function and p(x) = 2900 − 9x is the demand function.

If C(x) = 11000+500x−4.2×2+0.004×3 is the cost function and p(x) = 2900 − 9x is the demand function.

If
C(x) = 11000 + 500x − 4.2×2 + 0.004×3
is the cost function and
p(x) = 2900 − 9x
is the demand function, find the production level that will maximize profit. (Hint: If the profit is maximized, then the marginal revenue equals the marginal cost.) .

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