Just answer E and G 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 50¢decrease 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.a)b)c)d)e)Determine the profit function. f)Which of the following results in a greater profit: the sale of170 CDs or the sale of 200 CDs? Justify your answer.g) Explain the results in part f).OC

We need to determine the profit function and explain the profits corresponding to x=170, x=200.

A music store sells an average of 160 CDs per week at $24 each. The cost of producing x music CDs is C(x) = -0.003x² + 4.2x + 1000. A market survey indicates that for each 50¢ decrease in price, two additional CDs will be sold per week. Determine the demand, or price, function. a) 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 $24 each. The cost of producing x music CDs is C(x) = -0.003x² + 4.2x + 1000. A market survey indicates that for each 50¢ decrease in price, two additional CDs will be sold per week. Determine the demand, or price, function. a) 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.

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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