The Acme Widget Company has found that if widgets are priced at $ 212, then 46000 will be sold. Theyhave also found that for every increase of $ 12, there will be 500 fewer widgets sold.The marginal cost of widgets is $ 159. The fixed costs for the Acme Widget Company are $ 18000.If a represents the price of a widget find the following in terms of :The number of widgets that will be sold:The revenue generated by the sale of widgets:The cost of producing just enough widgets to meet demand:The profit from selling widgets:Find the price that will maximize profits from the sale of widgets:

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The Acme Widget Company has found that if widgets are priced at $ 212, then 46000 will be sold. They have also found that for every increase of $ 12, there will be 500 fewer widgets sold. The marginal cost of widgets is $ 159. The fixed costs for the Acme Widget Company are $ 18000. If z represents the price of a widget find the following in terms of z: The number of widgets that will be sold: The revenue generated by the sale of widgets: The cost of producing just enough widgets to meet demand: The profit from selling widgets: Find the price that will maximize profits from the sale of widgets:

The Acme Widget Company has found that if widgets are priced at $ 212, then 46000 will be sold. They have also found that for every increase of $ 12, there will be 500 fewer widgets sold. The marginal cost of widgets is $ 159. The fixed costs for the Acme Widget Company are $ 18000. If z represents the price of a widget find the following in terms of z: The number of widgets that will be sold: The revenue generated by the sale of widgets: The cost of producing just enough widgets to meet demand: The profit from selling widgets: Find the price that will maximize profits from the sale of widgets:

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter6: Linear Systems

Section6.8: Linear Programming

Problem 4SC: If the cost of each Robust tablet increases to 75 c and the cost of each Vigortab increases to 80 c...

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