1. Dr. Poage has decided to produce and sell rings that say "V-1 ♡ MATH!" The price-demand equation and cost function to produce these rings are given respectively by: C(x)= 72000+ 60x, where x is the number of rings that can be sold at a price of $p per Souns von mumizan od ei elw (e p=-+200 p=-30+ %3D ring and C(x) is the total cost (in dollars) of producing x rings. (a) Determine the break-even point(s). lloa A gaubonq ogos bas borl taum ebnuw am woH (bruw on of bnuon) So nond (b) What is the maximum Revenue? Box fal Sebrow peodt no alam bluos vodi tdoq munixem orli al ted W (c) How many rings are needed to maximize the Revenue?

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How do I solve parts A-H for the following problem?
ebaw lo todmun od ei
Show ALL work and BOX YOUR FINAL ANSWERS!
1. Dr. Poage has decided to produce and sell rings that say "V-i ♡ MATH!" The price-demand equation and
cost function to produce these rings are given respectively by:
+200
C(x) = 72000+60x, where x is the number of rings that can be sold at a price of $p per
p =-
30
ring and C(x) is the total cost (in dollars) of producing x rings.
Sounovon mumixarn sdh zi ndW (d)
(a) Determine the break-even point(s).
Ilba & caubongq ognoso bns borl taum ebmevw yIam woH ()
(brew eon ot bruon) Sov9-nond or
(b) What is the maximum Revenue?
WORK Box fal ane
gedt do alam bluoo vordt titoiq urnixem orlı ai tedW (b)
(c) How many rings are needed to maximize the Revenue?
itonq osimixam of is booing od ebas odr bluoda ndW (o
(d) What should the rings be priced at to maximize the Revenue?
(e) Find the Profit function and simplify.
TOOS Tofts 21soy1 noiter2 ogsllo0-nsvid to noislugoq ordi alabon 0.008.001 =k slumot odT
S000.02S docon noitslugoq orli bluow 1soy indvw gniua (T00S 15ov odi ai 0 =:
(f) How many rings are needed to maximize the Profit?
(g) What is the maximum profit?
pager as a single PD C there are
pur POR les) d e PDFe
(h) What should the rings be priced at to maximize the profit?
Transcribed Image Text:ebaw lo todmun od ei Show ALL work and BOX YOUR FINAL ANSWERS! 1. Dr. Poage has decided to produce and sell rings that say "V-i ♡ MATH!" The price-demand equation and cost function to produce these rings are given respectively by: +200 C(x) = 72000+60x, where x is the number of rings that can be sold at a price of $p per p =- 30 ring and C(x) is the total cost (in dollars) of producing x rings. Sounovon mumixarn sdh zi ndW (d) (a) Determine the break-even point(s). Ilba & caubongq ognoso bns borl taum ebmevw yIam woH () (brew eon ot bruon) Sov9-nond or (b) What is the maximum Revenue? WORK Box fal ane gedt do alam bluoo vordt titoiq urnixem orlı ai tedW (b) (c) How many rings are needed to maximize the Revenue? itonq osimixam of is booing od ebas odr bluoda ndW (o (d) What should the rings be priced at to maximize the Revenue? (e) Find the Profit function and simplify. TOOS Tofts 21soy1 noiter2 ogsllo0-nsvid to noislugoq ordi alabon 0.008.001 =k slumot odT S000.02S docon noitslugoq orli bluow 1soy indvw gniua (T00S 15ov odi ai 0 =: (f) How many rings are needed to maximize the Profit? (g) What is the maximum profit? pager as a single PD C there are pur POR les) d e PDFe (h) What should the rings be priced at to maximize the profit?
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