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(3) You are an accountant for a manufacturer of radios. The demand function for the tablets is p= 40- 4x where x is the number of tablets produced in millions. It costs the company $15 to make a tablet. (i). Write an equation for the manufacturer's profit as a function of the number of tablets produced. (ii). The company currently produces 1 million tablets and makes a profit of $21,000,000, but you would like to scale up production a bit. What greater number of tablets could the company produce to yield the same profit?

(3) You are an accountant for a manufacturer of radios. The demand function for the tablets is p= 40- 4x where x is the number of tablets produced in millions. It costs the company $15 to make a tablet. (i). Write an equation for the manufacturer's profit as a function of the number of tablets produced. (ii). The company currently produces 1 million tablets and makes a profit of $21,000,000, but you would like to scale up production a bit. What greater number of tablets could the company produce to yield the same profit?

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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(3) You are an accountant for a manufacturer of radios. The demand function for the tablets is p= 40 – 4x where x is the number of tablets produced in millions. It costs the company $15 to make a tablet. (i). Write an equation for the manufacturer's profit as a function of the number of tablets produced. (ii). The company currently produces 1 million tablets and makes a profit of $21,000,000, but you would like to scale up production a bit. What greater number of tablets could the company produce to yield the same profit?
Transcribed Image Text:(3) You are an accountant for a manufacturer of radios. The demand function for the tablets is p= 40 – 4x where x is the number of tablets produced in millions. It costs the company $15 to make a tablet. (i). Write an equation for the manufacturer's profit as a function of the number of tablets produced. (ii). The company currently produces 1 million tablets and makes a profit of $21,000,000, but you would like to scale up production a bit. What greater number of tablets could the company produce to yield the same profit?
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