The weekly average costs, in dollars, of the We-Are-Drones is given by C x +53 + where 15 where a stands for the number of drones produced each week. The current market price for the drones produced is $75 per drone. a) What is the cost function? b) What is the revenue function? c) What is the profit function? d) Find the production level per week that results in the maximum profit. e) Find the maximum profit.
The weekly average costs, in dollars, of the We-Are-Drones is given by C x +53 + where 15 where a stands for the number of drones produced each week. The current market price for the drones produced is $75 per drone. a) What is the cost function? b) What is the revenue function? c) What is the profit function? d) Find the production level per week that results in the maximum profit. e) Find the maximum profit.
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Transcribed Image Text:X
+53 + where
X
15
The weekly average costs, in dollars, of the We-Are-Drones is given by C
where x stands for the number of drones produced each week. The current market price for the drones
produced is $75 per drone.
a) What is the cost function?
b) What is the revenue function?
c) What is the profit function?
d) Find the production level per week that results in the maximum profit.
110
e) Find the maximum profit.
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