Drives Co. sells portable hard drives. They can sell 890 drives when the price is $60/drive, and they can sell 745 drives when the price is $89/drive. If z represents the number of drives sold, determine the following. a. Drive Co.'s revenue function: R(2) = b. The price per drive when revenue is maximized: c. The maximum profit made from the sale of these drives if Drive Co. incurs production costs of $188 per drive and has fixed costs of $780:
Drives Co. sells portable hard drives. They can sell 890 drives when the price is $60/drive, and they can sell 745 drives when the price is $89/drive. If z represents the number of drives sold, determine the following. a. Drive Co.'s revenue function: R(2) = b. The price per drive when revenue is maximized: c. The maximum profit made from the sale of these drives if Drive Co. incurs production costs of $188 per drive and has fixed costs of $780:
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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Transcribed Image Text:Drives Co. sells portable hard drives. They can sell 890 drives when the price is $60/drive, and
they can sell 745 drives when the price is $89/drive.
If a represents the number of drives sold, determine the following.
a. Drive Co.'s revenue function: R(2) =
%3D
b. The price per drive when revenue is maximized:
c. The maximum profit made from the sale of these drives if Drive Co. incurs production
costs of $188 per drive and has fixed costs of $780:
2$
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