A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p=400−0.1x and C(x)=25,000+130x Question content area bottom Part 1 (A) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the maximum weekly revenue? The company should produce enter your response here phones each week at a price of $enter your response here. (Round to the nearest cent as needed.) Part 2 The maximum weekly revenue is $enter your response here. (Round to the nearest cent as needed.) Part 3 (B) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly profit? What is the maximum weekly profit? The company should produce enter your response here phones each week at a price of $enter your response here. (Round to the nearest cent as needed.) Part 4 The maximum weekly profit is $enter your response here.
A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p=400−0.1x and C(x)=25,000+130x Question content area bottom Part 1 (A) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the maximum weekly revenue? The company should produce enter your response here phones each week at a price of $enter your response here. (Round to the nearest cent as needed.) Part 2 The maximum weekly revenue is $enter your response here. (Round to the nearest cent as needed.) Part 3 (B) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly profit? What is the maximum weekly profit? The company should produce enter your response here phones each week at a price of $enter your response here. (Round to the nearest cent as needed.) Part 4 The maximum weekly profit is $enter your response here.
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Question
A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below.
p=400−0.1x
and C(x)=25,000+130xQuestion content area bottom
Part 1
(A) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the maximum weekly revenue?
The company should produce
enter your response here
phones each week at a price of
$enter your response here.
(Round to the nearest cent as needed.)
Part 2
The maximum weekly revenue is
$enter your response here.
(Round to the nearest cent as needed.)Part 3
(B) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly profit? What is the maximum weekly profit?
The company should produce
enter your response here
phones each week at a price of
$enter your response here.
(Round to the nearest cent as needed.)
Part 4
The maximum weekly profit is
$enter your response here.
(Round to the nearest cent as needed.)Expert Solution
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