Riverside Appliances is marketing a new refrigerator. It determines that in order to sell x refrigerators, the price per refrigerator must be Þ= 280 –0.4X, It also determines that the total cost of producing x refrigerators is given by C(x) = 5000+0.6x“,What is the maximum profit? (TYPE YOUR ANSWER IN AS A WHOLE NUMBER OR FRACTION OR DECIMAL ROUNDED TO 2 DECIMALS AS NEEDED! ONLY TYPE IN THE WHOLE NUMBER, FRACTION, OR DECIMAL! DO NOT PLACE ANY UN- NECESSARY SPACES IN YOUR ANSWER!)

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
icon
Related questions
Question
Riverside Appliances is marketing a new refrigerator. It determines that in order to sell x refrigerators,
the price per refrigerator must be p = 280 – 0.4x.]t also determines that the total cost of producing
x refrigerators is given by C(x) = 5000+0.6x“. What is the maximum profit? (TYPE YOUR ANSWER
IN AS A WHOLE NUMBER OR FRACTION OR DECIMAL ROUNDED TO 2 DECIMALS AS NEEDED!
ONLY TYPE IN THE WHOLE NUMBER, FRACTION, OR DECIMAL! DO NOT PLACE ANY UN-
NECESSARY SPACES IN YOUR ANSWER!)
Transcribed Image Text:Riverside Appliances is marketing a new refrigerator. It determines that in order to sell x refrigerators, the price per refrigerator must be p = 280 – 0.4x.]t also determines that the total cost of producing x refrigerators is given by C(x) = 5000+0.6x“. What is the maximum profit? (TYPE YOUR ANSWER IN AS A WHOLE NUMBER OR FRACTION OR DECIMAL ROUNDED TO 2 DECIMALS AS NEEDED! ONLY TYPE IN THE WHOLE NUMBER, FRACTION, OR DECIMAL! DO NOT PLACE ANY UN- NECESSARY SPACES IN YOUR ANSWER!)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell