The cost, in dollars, to produce a designer dog leashes is C(x) = 7x + 1, and the price-demand function, in dollars per leash, is p(x) 151 - 4x = Find the revenue function R(x). (Hint: Revenue is found by multiplying the price function by the number of units produced/sold.) R(x) = Find the profit function P(x). (Hint: Profit is found by subtracting cost from revenue.) P(x) = Find the number of leashes which need to be sold to maximize the profit. Select an answer Find the maximum profit. Select an answer Find the price to charge per leash to maximize profit. Select an answer
The cost, in dollars, to produce a designer dog leashes is C(x) = 7x + 1, and the price-demand function, in dollars per leash, is p(x) 151 - 4x = Find the revenue function R(x). (Hint: Revenue is found by multiplying the price function by the number of units produced/sold.) R(x) = Find the profit function P(x). (Hint: Profit is found by subtracting cost from revenue.) P(x) = Find the number of leashes which need to be sold to maximize the profit. Select an answer Find the maximum profit. Select an answer Find the price to charge per leash to maximize profit. Select an answer
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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