A company can manufacture at most 200 units per month. About x units per month can be sold at the price p(x) = (500 – x) dollars and the cost of producing x units per week is C(x) = 150 + 4x + x2 dollars. Find; a. Revenue from sale of x units per week b. Maximum weekly profit and the number of units produced to obtain the maximum d. Marginal Revenue at Maximum weekly profit level c. Marginal cost functions at Maximum weekly profit level
A company can manufacture at most 200 units per month. About x units per month can be sold at the price p(x) = (500 – x) dollars and the cost of producing x units per week is C(x) = 150 + 4x + x2 dollars. Find; a. Revenue from sale of x units per week b. Maximum weekly profit and the number of units produced to obtain the maximum d. Marginal Revenue at Maximum weekly profit level c. Marginal cost functions at Maximum weekly profit level
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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A company can manufacture at most 200 units per month. About x units per month can be sold at the price
p(x) = (500 – x) dollars and the cost of producing x units per week is C(x) = 150 + 4x + x2 dollars. Find;
a. Revenue from sale of x units per week
b. Maximum weekly profit and the number of units produced to obtain the maximum
d. Marginal Revenue at Maximum weekly profit level
c. Marginal cost functions at Maximum weekly profit level
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