You are an accountant for a manufacturer of radios. The demand function for the tablets is p =40 − 4x2 where x is the number of tablets produced in millions. It costs the company $15 to make a tablet. (i). Write an equation for the manufacturer’s profit as a function of the number of tablets produced. (ii). The company currently produces 1 million tablets and makes a profit of $21,000,000, but you would like to scale up production a bit. What greater number of tablets could the company produce to yield the same profit?

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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You are an accountant for a manufacturer of radios. The demand function for the tablets is
p =40 − 4x2 where x is the number of tablets produced in millions. It costs the company
$15 to make a tablet.


(i). Write an equation for the manufacturer’s profit as a function of the number of tablets
produced.


(ii). The company currently produces 1 million tablets and makes a profit of $21,000,000,
but you would like to scale up production a bit. What greater number of tablets could
the company produce to yield the same profit?

Thanks

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