Maximum Profit Yaster Gadgets manufactures and sells æ smartphones per week. The weekly price-demand and cost equations are, respectively, p= 502 - 0.35 z and C(x) = 19,496 + 21 z. Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities. 1. What price should Jesaki charge for the phones? $_ per phone. Round to the nearest cent. 2. How many phones should be produced each week? phones. Round to 2 decimal places. 3. What is the maximum weekly profit? $. per week. Round to the nearest cent. Enter the result for 3.
Maximum Profit Yaster Gadgets manufactures and sells æ smartphones per week. The weekly price-demand and cost equations are, respectively, p= 502 - 0.35 z and C(x) = 19,496 + 21 z. Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities. 1. What price should Jesaki charge for the phones? $_ per phone. Round to the nearest cent. 2. How many phones should be produced each week? phones. Round to 2 decimal places. 3. What is the maximum weekly profit? $. per week. Round to the nearest cent. Enter the result for 3.
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 50CR
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Transcribed Image Text:Maximum Profit
Yaster Gadgets manufactures and sells a smartphones per week. The weekly price-demand and cost
equations are, respectively,
p = 502 - 0.35 x and C(x) = 19,496 + 21 x.
Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities.
1. What price should Jesaki charge for the phones? $
per phone. Round to the nearest
cent.
2. How many phones should be produced each week?
phones. Round to 2 decimal
places.
3. What is the maximum weekly profit? $.
per week. Round to the nearest cent.
Enter the result for 3.
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