A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p=600-0.5x and C(x) = 15,000+ 130x (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 phones each week at a price of $. (Round to the nearest cent as needed.) The maximum weekly revenue is $ (Round to the nearest cent as needed.) (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 phones each week at a price of $. (Round to the nearest cent as needed.) The maximum weekly profit is $ (Round to the nearest cent as needed.)
A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p=600-0.5x and C(x) = 15,000+ 130x (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 phones each week at a price of $. (Round to the nearest cent as needed.) The maximum weekly revenue is $ (Round to the nearest cent as needed.) (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 phones each week at a price of $. (Round to the nearest cent as needed.) The maximum weekly profit is $ (Round to the nearest cent as needed.)
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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