the company can produce no more than 10 000 widgets,
the company can sell any quantity it produces at the price of p : = 9 [$/widget],
there is a fixed cost of 6 000 [$] (a cost such as rent, which does not depend on the decision x),
the variable cost of producing x widgets is 2x + 0.001 x2 [$].
KeywordsLocal Minimum Stationary Point Convex Function Global Minimizer Extremum Problem
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