Just answer D and E 11. A music store sells an average of 160 CDs per week at $24each. The cost of producing x music CDs is C(x) = -0.003x²+ 4.2x + 1000. A market survey indicates that for each 50gdecrease in price, two additional CDs will be sold per week.Determine the demand, or price, function.What is the price of each CD when 170 are solu weekly andwhen 200 are sold weekly?Determine the revenue functionWhich of the following results in greater revenue: the sale of170 CDs or the sale of 200 CDs? Justify your answer.e) Determine the profit function.a)b)c)d)

1st we need revenue function in terms of number of CD sold and then find corresponding revenue and…

A music store sells an average of 160 CDs per week at each. The cost of producing x music CDs is C(x) = -0.003x² + 4.2x + 1000. A market survey indicates that for each 50g decrease in price, two additional CDs will be sold per week. a) Determine the demand, or price, function. b) What is the price of each CD when 170 are solu weekly and when 200 are sold weekly? c) Determine the revenue function d) Which of the following results in greater revenue: the sale of 170 CDs or the sale of 200 CDs? Justify your answer. e) Determine the profit function.

A music store sells an average of 160 CDs per week at each. The cost of producing x music CDs is C(x) = -0.003x² + 4.2x + 1000. A market survey indicates that for each 50g decrease in price, two additional CDs will be sold per week. a) Determine the demand, or price, function. b) What is the price of each CD when 170 are solu weekly and when 200 are sold weekly? c) Determine the revenue function d) Which of the following results in greater revenue: the sale of 170 CDs or the sale of 200 CDs? Justify your answer. e) Determine the profit function.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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