A company has started selling a new type of smartphone 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) * O 60 smart phones per day O 600 smartphones per day O 6000 smartphones per day 6 smartphones per day
A company has started selling a new type of smartphone 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) * O 60 smart phones per day O 600 smartphones per day O 6000 smartphones per day 6 smartphones per day
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter12: Quadratic Functions
Section12.8: Joint And Combined Variation
Problem 5P
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![A company has started selling a
new type of smartphone 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) *
60 smart phones per day
600 smartphones per day
6000 smartphones per day
O 6 smartphones per day](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff498d316-1a7c-4d36-9dd3-e35b8897b1f7%2Ff9010e72-a935-44fc-91c6-35eefc6a22e5%2Fcx5yda_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A company has started selling a
new type of smartphone 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) *
60 smart phones per day
600 smartphones per day
6000 smartphones per day
O 6 smartphones per day
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