The cost, in dollars, to produce r designer dog leashes is C(x) = 4x + 4, and the price-demand function, in dollars per leash, is p(x) = 52 – 3x Find the revenue function R(x). (Hint: Revenue is found by multiplying the price function by the number of units produced/sold.) R(x) = Find the profit function P(x). (Hint: Profit is found by subtracting cost from revenue.) P(x) = Find the number of leashes which need to be sold to maximize the profit. Select an answer v Find the maximum profit. Select an answer v Find the price to charge per leash to maximize profit. Select an answer v

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.CR: Chapter Review
Problem 16E: Digital cameras A company that produces and sells digital cameras has determined that the total...
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The cost, in dollars, to produce r designer dog leashes is C(x) = 4x + 4, and the price-demand function,
in dollars per leash, is p(x) = 52 – 3x
Find the revenue function R(x). (Hint: Revenue is found by multiplying the price function by the number
of units produced/sold.)
R(x) =
Find the profit function P(x). (Hint: Profit is found by subtracting cost from revenue.)
P(x) =
Find the number of leashes which need to be sold to maximize the profit.
Select an answer v
Find the maximum profit.
Select an answer v
Find the price to charge per leash to maximize profit.
Select an answer
Transcribed Image Text:The cost, in dollars, to produce r designer dog leashes is C(x) = 4x + 4, and the price-demand function, in dollars per leash, is p(x) = 52 – 3x Find the revenue function R(x). (Hint: Revenue is found by multiplying the price function by the number of units produced/sold.) R(x) = Find the profit function P(x). (Hint: Profit is found by subtracting cost from revenue.) P(x) = Find the number of leashes which need to be sold to maximize the profit. Select an answer v Find the maximum profit. Select an answer v Find the price to charge per leash to maximize profit. Select an answer
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