A product can be produced at a total cost C\left(x\right)=700+100x^2+x^3C ( x ) = 700 + 100 x 2 + x 3 dollars, where x is the number produced. If the total revenue is given by R\left(x\right)=9,000x-80x^2R ( x ) = 9 , 000 x − 80 x 2 dollars, determine the level of production x that will maximize the profit.

In business,what would be the input, conversion and output of operating a summer band camp

The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?

Why is efficiency an important economic goal?