A company manutactures and selis x television sets per month The morely cost and price demand equations are Co72.000 50x and p200 - (A) Find the maximum revenue (8) Find the maximum profit the production level that wil realze the maximum proft, and the price the company shoud charge for each television set (C)the govemment decides to tax the company $ for each set it produces, how many sets should the company manutacture each month to maximize s prote? What is the maximum prof What should the company charge for each set?

Calculus: Early Transcendentals
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ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
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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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A company manufactures and selis x television sets per month The monthly cost and ptice-dernand equations are Cx)=72.000 50x and pox=200-
30
(A) Find the maximum revenue
(B) Find the maximum profit, the production level that will realize the maximum proft, and the price the company should charge for each television set
(C) If the government decides to tax the company 56 for each set it produces, how many sets should the company manufacture each month to maximize ts protit? What is the maxomum proft? What
should the company charge for each set?
Transcribed Image Text:A company manufactures and selis x television sets per month The monthly cost and ptice-dernand equations are Cx)=72.000 50x and pox=200- 30 (A) Find the maximum revenue (B) Find the maximum profit, the production level that will realize the maximum proft, and the price the company should charge for each television set (C) If the government decides to tax the company 56 for each set it produces, how many sets should the company manufacture each month to maximize ts protit? What is the maxomum proft? What should the company charge for each set?
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