An Entrepreneur, creates "Virtual Reality Goggles (VRG)" at a cost $50.00 each. The fixed cost is $1200 per week. He estimates the price function to be ( p(x)), at which exactly (x) “VRGS" will be sold per week. . Find Cost Function (C(x)), and the Revenue Function (R(x) = x• p(x))? . Find Maximum Profit ( P(x)) value? Find the number of "VRGS" (x) that the Entrepreneur should produce? .Find the price ( p(x)) that should be charged to Maximize Profit? . Prove that the Profit equation is Maximized? Р(х) — 1500 - 5х

An Entrepreneur, creates "Virtual Reality Goggles (VRG)" at a cost $50.00 each. The fixed cost is $1200 per week. He estimates the price function to be ( p(x)), at which exactly (x) “VRGS" will be sold per week. . Find Cost Function (C(x)), and the Revenue Function (R(x) = x• p(x))? . Find Maximum Profit ( P(x)) value? Find the number of "VRGS" (x) that the Entrepreneur should produce? .Find the price ( p(x)) that should be charged to Maximize Profit? . Prove that the Profit equation is Maximized? Р(х) — 1500 - 5х

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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