1. The monthly revenue R earned by selling x lamps is R(x)= 120x-0.46x The monthly cost of producing x lamps is C(x) 30.25r t 1000. a) How marny lamps must be sold to maximize revenue? What is the maximum revenue? (b) The profit P earned by selling x lamps is given by P(x) R(x)-C(x) How many lamnps must be sold to maximize profit? What is the maximum profit?

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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1. The monthly revenue R earned by selling x lamps is
R(x)= 120x-0.46x
The monthly cost of producing x lamps is
C(x) 30.25r t 1000.
a) How marny lamps must be sold to maximize revenue? What is the maximum revenue?
(b) The profit P earned by selling x lamps is given by
P(x) R(x)-C(x)
How many lamnps must be sold to maximize profit? What is the maximum profit?
Transcribed Image Text:1. The monthly revenue R earned by selling x lamps is R(x)= 120x-0.46x The monthly cost of producing x lamps is C(x) 30.25r t 1000. a) How marny lamps must be sold to maximize revenue? What is the maximum revenue? (b) The profit P earned by selling x lamps is given by P(x) R(x)-C(x) How many lamnps must be sold to maximize profit? What is the maximum profit?
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