Just answer D and E 11. A music store sells an average of 160 CDs per week at $24each. The cost of producing x music CDs is C(x) = -0.003x²+ 4.2x + 1000. A market survey indicates that for each 50gdecrease in price, two additional CDs will be sold per week.Determine the demand, or price, function.What is the price of each CD when 170 are solu weekly andwhen 200 are sold weekly?Determine the revenue functionWhich of the following results in greater revenue: the sale of170 CDs or the sale of 200 CDs? Justify your answer.e) Determine the profit function.a)b)c)d)

1st we need revenue function in terms of number of CD sold and then find corresponding revenue and…

A music store sells an average of 160 CDs per week at each. The cost of producing x music CDs is C(x) = -0.003x² + 4.2x + 1000. A market survey indicates that for each 50g decrease in price, two additional CDs will be sold per week. a) Determine the demand, or price, function. b) What is the price of each CD when 170 are solu weekly and when 200 are sold weekly? c) Determine the revenue function d) Which of the following results in greater revenue: the sale of 170 CDs or the sale of 200 CDs? Justify your answer. e) Determine the profit function.

A music store sells an average of 160 CDs per week at each. The cost of producing x music CDs is C(x) = -0.003x² + 4.2x + 1000. A market survey indicates that for each 50g decrease in price, two additional CDs will be sold per week. a) Determine the demand, or price, function. b) What is the price of each CD when 170 are solu weekly and when 200 are sold weekly? c) Determine the revenue function d) Which of the following results in greater revenue: the sale of 170 CDs or the sale of 200 CDs? Justify your answer. e) Determine the profit function.

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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