The revenue and cost functions for a particular product are given below. The cost and revenue are given in dollars, and x represents the number of units . R(x) = -0.25x2 215x C(x) = 100x + 12918.75 (a) How many items must be sold to maximize the revenue? (b) What is the maximum revenue? (c) Find the profit function P(x) (d) How many items must be sold to maximize the profit? (e) What is the maximum profit? (f) At what production level(s) will the company break even on this product? (Enter your answers as a comma-separated list.) units
The revenue and cost functions for a particular product are given below. The cost and revenue are given in dollars, and x represents the number of units . R(x) = -0.25x2 215x C(x) = 100x + 12918.75 (a) How many items must be sold to maximize the revenue? (b) What is the maximum revenue? (c) Find the profit function P(x) (d) How many items must be sold to maximize the profit? (e) What is the maximum profit? (f) At what production level(s) will the company break even on this product? (Enter your answers as a comma-separated list.) units
Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 159E: The manufacturer of a water bottle spends $5 to build each bottle and sells them for $10. The...
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