furniture store determines that in order to sell x tables, the price per table must be p(x)=450−4x. The company also determines that the total cost of producing x tables is given by C(x)=3000+8x^2. a) Find the profit function P(x)=R(x)−C(x). Answer in the form: P(x)=Ax^2+Bx+C. A= B= C= b) Evaluate the total revenue function R(x) when x=15. R(15)= c) Evaluate the total profit function P(x) when x=15. P(15)=

furniture store determines that in order to sell x tables, the price per table must be p(x)=450−4x. The company also determines that the total cost of producing x tables is given by C(x)=3000+8x^2. a) Find the profit function P(x)=R(x)−C(x). Answer in the form: P(x)=Ax^2+Bx+C. A= B= C= b) Evaluate the total revenue function R(x) when x=15. R(15)= c) Evaluate the total profit function P(x) when x=15. P(15)=

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter3: Functions

Section3.3: Rates Of Change And Behavior Of Graphs

Problem 3SE: How are the absolute maximum and minimum similar to and different from the local extrema?

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