Applied optimization: Maximizing revenue | Calculus

We maximize revenue like good little capitalists. A gross profit function is the product of the number of units sold, and the price per unit. If we have a function modeling the number of units sold as a function of the price, called n(x), then the profit function f(x) = n(x) * x. Maximizing is a matter of finding critical points, and, of course, considering boundary points of an interval of interest. This a complete solution to maximizing profit for a simple n(x) function.

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