A company has started selling a new type of s tphone at the price of $110-0.05x where x is the number of smartphones manufactured per day. The parts for each smartphone cost $50 and the labor and overhead for running the plant cost $6000 per day. How many smartphones should the company manufacture and sell per day to maximize the profit. (Note: Profit-Revenue - Cost) *

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
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A company has started selling a new type of s tphone at the price of
$110-0.05x where x is the number of smartphones manufactured per
day. The parts for each smartphone cost $50 and the labor and overhead
for running the plant cost $6000 per day. How many smartphones should
the company manufacture and sell per day to maximize the profit. (Note:
Profit-Revenue - Cost) *
6000 smartphones per day
6 smartphones per day
600 smartphones per day
60 smart phones per day
Transcribed Image Text:A company has started selling a new type of s tphone at the price of $110-0.05x where x is the number of smartphones manufactured per day. The parts for each smartphone cost $50 and the labor and overhead for running the plant cost $6000 per day. How many smartphones should the company manufacture and sell per day to maximize the profit. (Note: Profit-Revenue - Cost) * 6000 smartphones per day 6 smartphones per day 600 smartphones per day 60 smart phones per day
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