Maximum Profit Yaster Gadgets manufactures and sells a smartphones per week. The weekly price-demand and cost equations are, respectively, p=546 -0.37 x and C(x) = 20,325 + 23 x. Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities. 1. How many phones should be produced each week? phones. Round to 2 decimal places. 2. What price should Jesaki charge for the phones? $ nearest cent. 3. What is the maximum weekly profit? $_ per phone. Round to the per week. Round to the nearest cent.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section9.4: Linear Programming
Problem 16E
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Maximum Profit
Yaster Gadgets manufactures and sells a smartphones per week. The weekly price-demand and
cost equations are, respectively,
p=546 -0.37 x and C(x) = 20,325 + 23 x.
Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities.
1. How many phones should be produced each week?
phones. Round to 2 decimal
places.
2. What price should Jesaki charge for the phones? $
nearest cent.
3. What is the maximum weekly profit? $_
Enter the result for 2.
per phone. Round to the
per week. Round to the nearest cent.
Transcribed Image Text:Maximum Profit Yaster Gadgets manufactures and sells a smartphones per week. The weekly price-demand and cost equations are, respectively, p=546 -0.37 x and C(x) = 20,325 + 23 x. Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities. 1. How many phones should be produced each week? phones. Round to 2 decimal places. 2. What price should Jesaki charge for the phones? $ nearest cent. 3. What is the maximum weekly profit? $_ Enter the result for 2. per phone. Round to the per week. Round to the nearest cent.
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