A stereo manufacturer determines that in order to sell x units of a new stereo, the price per unit (in dollars) must be p(x)= 3600 – 2 -x . The manufacturer also determines that the cost of producing x stereos is given by C(x) = 5000 + 40 -x . What price per unit must be charged to maximize profit? Click here to create a new row p = $
A stereo manufacturer determines that in order to sell x units of a new stereo, the price per unit (in dollars) must be p(x)= 3600 – 2 -x . The manufacturer also determines that the cost of producing x stereos is given by C(x) = 5000 + 40 -x . What price per unit must be charged to maximize profit? Click here to create a new row p = $
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
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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
Transcribed Image Text:A stereo manufacturer determines that in order to sell x units of a new stereo, the price per unit (in dollars) must be p(x)= 3600 – 2 -x . The manufacturer also determines that the cost of producing x stereos is given by C(x) = 5000 + 40 -x . What price per
unit must be charged to maximize profit?
Click here to create a new row
p = $
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