A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p=400-.5x and C(x) =15000 +135xWhat 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?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?
A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p=400-.5x and C(x) =15000 +135xWhat 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?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?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 50CR
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A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below.
p=400-.5x and C(x) =15000 +135x
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?
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?
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