The demand equation for a toy is p= 140 – 3x and the cost function is C(x) = 60 + 60x – x, 0sxs 30. Determine the value of x and the corresponding p that maximizes the profit. The value of x = Number price that maximized Profit =$ Number
The demand equation for a toy is p= 140 – 3x and the cost function is C(x) = 60 + 60x – x, 0sxs 30. Determine the value of x and the corresponding p that maximizes the profit. The value of x = Number price that maximized Profit =$ Number
Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 158E: The manufacturer of an energy drink spends $1.20 to make each drink and sells them for $2. The...
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Transcribed Image Text:The demand equation for a toy is p= 140 – 3x and the cost function is C(x) = 60 + 60x – x, 0 sxs 30. Determine the value of x and the corresponding price
that maximizes the profit.
The value of x= Number
price that maximized Profit =$ Number
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