11. The price demand per camera of a manufacturer of digital cameras is p(x)94.8-5, where 1 < x < 15 (x is in million), and the cost function is C(a) 156 19.7x in millions of dollars (a) Find the revenue function, the profit function, and their domains (b) Find the value of x, to the nearest thousand cameras, that will gen erate the maximum profit (c) What is the price per camera, to the nearest dollar, that generates the maximum profit?
11. The price demand per camera of a manufacturer of digital cameras is p(x)94.8-5, where 1 < x < 15 (x is in million), and the cost function is C(a) 156 19.7x in millions of dollars (a) Find the revenue function, the profit function, and their domains (b) Find the value of x, to the nearest thousand cameras, that will gen erate the maximum profit (c) What is the price per camera, to the nearest dollar, that generates the maximum profit?
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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