A telephone company agrees to put a new exchange for 100 subscribers or less at a uniform charge of 40 pesos each. To encourage more subscribers, the company agrees to deduct 20centavos from this uniform rate for each subscriber in excess of 100. If the cost to serve each subscriber is 14pesos, what number of subscribers will give the telephone company the maximum net income?

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...
icon
Related questions
Question
.A telephone company agrees to put a new exchange for
100 subscribers or less at a uniform charge of 40 pesos
each. To encourage more subscribers, the company
agrees to deduct 20centavos from this uniform rate for
each subscriber in excess of 100. If the cost to serve each
subscriber is 14pesos, what number of subscribers will
give the telephone company the maximum net income?
Transcribed Image Text:.A telephone company agrees to put a new exchange for 100 subscribers or less at a uniform charge of 40 pesos each. To encourage more subscribers, the company agrees to deduct 20centavos from this uniform rate for each subscriber in excess of 100. If the cost to serve each subscriber is 14pesos, what number of subscribers will give the telephone company the maximum net income?
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
Recommended textbooks for you
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning
Thomas' Calculus (14th Edition)
Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781319050740
Author:
Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:
W. H. Freeman
Precalculus
Precalculus
Calculus
ISBN:
9780135189405
Author:
Michael Sullivan
Publisher:
PEARSON
Calculus: Early Transcendental Functions
Calculus: Early Transcendental Functions
Calculus
ISBN:
9781337552516
Author:
Ron Larson, Bruce H. Edwards
Publisher:
Cengage Learning