A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p=400−0.5x and C(x)=20,000+130x 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?
A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p=400−0.5x and C(x)=20,000+130x 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?
Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
Chapter4: Complex Numbers
Section: Chapter Questions
Problem 40RE
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A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below.
p=400−0.5x and C(x)=20,000+130x
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?
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