n office supply company manufactures and sells X permanent markers per year at a price of P€lunit. The Price/Demand equation - the markers is: p = 7- 0.002X 1- Write the Revenues function 2- What level of production and what price should the company charge for the markers to maximize revenues? e total cost of manufacturing is: C(x) = 1000 + 2x 3- Write the Company's Profit function 4- What level of production and what price should the company charge for the markers to maximize profits? 5- Draw a graph representing the above-mentioned situation
n office supply company manufactures and sells X permanent markers per year at a price of P€lunit. The Price/Demand equation - the markers is: p = 7- 0.002X 1- Write the Revenues function 2- What level of production and what price should the company charge for the markers to maximize revenues? e total cost of manufacturing is: C(x) = 1000 + 2x 3- Write the Company's Profit function 4- What level of production and what price should the company charge for the markers to maximize profits? 5- Draw a graph representing the above-mentioned situation
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section9.4: Linear Programming
Problem 15E
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