11. The price demand per camera of a manufacturer of digital cameras is p(x)94.8-5, where 1 < x < 15 (x is in million), and the cost function is C(a) 156 19.7x in millions of dollars (a) Find the revenue function, the profit function, and their domains (b) Find the value of x, to the nearest thousand cameras, that will gen erate the maximum profit (c) What is the price per camera, to the nearest dollar, that generates the maximum profit?
11. The price demand per camera of a manufacturer of digital cameras is p(x)94.8-5, where 1 < x < 15 (x is in million), and the cost function is C(a) 156 19.7x in millions of dollars (a) Find the revenue function, the profit function, and their domains (b) Find the value of x, to the nearest thousand cameras, that will gen erate the maximum profit (c) What is the price per camera, to the nearest dollar, that generates 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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
Transcribed Image Text:11. The price demand per camera of a manufacturer of digital cameras is
p(x)94.8-5, where 1 < x < 15 (x is in million), and the cost function
is C(a) 156 19.7x in millions of dollars
(a) Find the revenue function, the profit function, and their domains
(b) Find the value of x, to the nearest thousand cameras, that will gen
erate the maximum profit
(c) What is the price per camera, to the nearest dollar, that generates
the maximum profit?
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