The monthly demand function for a product sold by a monopoly isp1.912- dolars, and the verage cost is 00+ 2x+ dollan. Prodution in imited te 1,000 unts and xain hundra Find the revenue function, R). R) - 1912x - Find the cost function, C), Cu) - 900 + 24r +r Find the profit function, P) P) - (a) Find P). P) - Considering the limitations of production, find the quantity (in hundreds of units that will give the maxmum pro hundred units (b) Find the maximum pront. (Round your anwer to the nearest cent.)

Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.CR: Review Exercises
Problem 38CR: Prove that if semicircles are constructed on each of the sides of a right triangle, then the area of...
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The monthly demand function for a product sold by a monopoly isp1,912-dllars, and the verage cost is 00+ 2x+ dola. Prodution in imited te 1,000 unts and xain hundradsfunta
Find the revenue function, R).
Rx) = 1912r-
Find the cost function, C),
C)- 900 + 24r +r
Find the profit function, P)
P) -
(a) Find P).
P) -
Considering the limitations of production, find the quantity (in hundreds of units that will give the maxmum pro
hundred units
(b) Find the maximum proft. (Round your anwer to the nearest cent.)
Transcribed Image Text:The monthly demand function for a product sold by a monopoly isp1,912-dllars, and the verage cost is 00+ 2x+ dola. Prodution in imited te 1,000 unts and xain hundradsfunta Find the revenue function, R). Rx) = 1912r- Find the cost function, C), C)- 900 + 24r +r Find the profit function, P) P) - (a) Find P). P) - Considering the limitations of production, find the quantity (in hundreds of units that will give the maxmum pro hundred units (b) Find the maximum proft. (Round your anwer to the nearest cent.)
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