Aleesya Travel & Tours' has recently launched a new travel package to Bali, Indonesia. The total cost of producing x packages is described by the function C = 2x - 150x + 5000 and the estimated total revenue is given as R = -3x +200x. Both C and R are measured in hundreds of RM and x is the number of travel packages in hundreds as well. How many packages should be prepared and sold in order to maximize the profit? Select one: a. 3670 b. 2500 c. 3500 d. 4100
Aleesya Travel & Tours' has recently launched a new travel package to Bali, Indonesia. The total cost of producing x packages is described by the function C = 2x - 150x + 5000 and the estimated total revenue is given as R = -3x +200x. Both C and R are measured in hundreds of RM and x is the number of travel packages in hundreds as well. How many packages should be prepared and sold in order to maximize the profit? Select one: a. 3670 b. 2500 c. 3500 d. 4100
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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