A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p= 400 - 0.1x and C(x) = 20,000 + 140x (A) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the maximum weekly revenue? The company should produce (Round to the nearest cent as needed.) phones each week at a price of $ The maximum weekly revenue is $ (Round to the nearest cent as needed.) (B) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly profit? What is the maximum weekly profit? The company should produce (Round to the nearest cent as needed.) phones each week at a price of $ The maximum weekly profit is $ . (Round to the nearest cent as needed.)
A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p= 400 - 0.1x and C(x) = 20,000 + 140x (A) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the maximum weekly revenue? The company should produce (Round to the nearest cent as needed.) phones each week at a price of $ The maximum weekly revenue is $ (Round to the nearest cent as needed.) (B) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly profit? What is the maximum weekly profit? The company should produce (Round to the nearest cent as needed.) phones each week at a price of $ The maximum weekly profit is $ . (Round to the nearest cent as needed.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.7: Solving Systems Of Linear And Quadratic Equations
Problem 3GP
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Transcribed Image Text:A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below.
p= 400 - 0.1x and C(x) = 20,000 + 140x
(A) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the maximum weekly revenue?
The company should produce
phones each week at a price of $
(Round to the nearest cent as needed.)
The maximum weekly revenue is $. (Round to the nearest cent as needed.)
(B) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly profit? What is the maximum weekly profit?
The company should produce
(Round to the nearest cent as needed.)
phones each week at a price of $
The maximum weekly profit is $ . (Round to the nearest cent as needed.)
Vi
(1,1)
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