A company manufactures and sells x cameras per week. The weekly price-demand and cost equations are, respectively, p = 400 -0.5x C(x) = 2,000+200x What price should the company charge for the cameras, and how many cameras should be produced to maximize the weekly revenue? What is the maximum weekly revenue?
A company manufactures and sells x cameras per week. The weekly price-demand and cost equations are, respectively, p = 400 -0.5x C(x) = 2,000+200x What price should the company charge for the cameras, and how many cameras should be produced to maximize the weekly revenue? What is the maximum weekly revenue?
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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I keep asking for help for the same equation and only receive partial. Please answer each section of the below equation and No handwritten responses, I need additional assistance with the bolded part of the equation by providing a step-by-step breakdown in laymens terms for the attached math problem.
p=400-0.5x
C(x)=2000+200x
Transcribed Image Text:A company manufactures and sells x cameras per week. The weekly price-demand and cost equations are, respectively,
p = 400 -0.5x
C(x) = 2,000+200x
What price should the company charge for the cameras, and how many cameras should be produced to maximize the weekly revenue?
What is the maximum weekly revenue?
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