Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Linear Programming

Question:

A firm has the cost function; $f(x)=\frac{x^3}{3}-7 x^2+111 x+50$ and demand function is $x=100-p$; based on this information the value of x, when profit is maximum, is:

Options:

8

11

9

12

Correct Answer:

11

Explanation:

The correct answer is Option (2) → 11