Given the given cost function
C
(
x
)
=
4700
+
400
x
+
0.3
x
2
\displaystyle {C}{\left({x}\right)}={4700}+{400}{x}+{0.3}{x}^{{2}}
C
(
x
)
=
4700
+
400
x
+
0.3
x
2
and the demand function
p
(
x
)
=
1200
\displaystyle {p}{\left({x}\right)}={1200}
p
(
x
)
=
1200
.
Find the production level that will maximize profit.
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