The profit function for a certain commodity is . Find the level of production that yields maximum profit, and find the maximum profit.
A) Production levels of 120 yields a maximum profit of $1,100.
B) Production levels of 120 yields a maximum profit of $2,500.
C) Production levels of 60 yields a maximum profit of $6,040.
D) Production levels of 60 yields a maximum profit of $3,600.
E) Production levels of 60 yields a maximum profit of $2,500.
Correct Answer:
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