A company has started selling a new type of smartphone at the price of $110 - 0.1 x where x is the number of smartphones manufactured per day. The parts for each smartphone cost $60 and the labor and overhead for running the plant cost $4000 per day. How many smartphones should the company manufacture and sell per day to maximize profit?
A company has started selling a new type of smartphone at the price of $110 - 0.1 x where x is the number of smartphones manufactured per day. The parts for each smartphone cost $60 and the labor and overhead for running the plant cost $4000 per day. How many smartphones should the company manufacture and sell per day to maximize profit?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
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