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Maximizing Profits The weekly demand for the Puisar 40-in. high-definition television is given by the demand equation p--0.07x+631 (0SKS 12,000) where p denotes the wholesale unit price in dollars and x denates the quantity demanded. The weekly total cost function associated with manufacturing these sets is given by C) -0.000002-0.0. 400x + 80,000 where C) denotes the total cost incurred in producing x sets. Find the level of production that wil yleid a maximum profit for the manufacturer Hint: Use the guadratic formula. (Round your answer to the nearest whole number) units

Maximizing Profits The weekly demand for the Puisar 40-in. high-definition television is given by the demand equation p--0.07x+631 (0SKS 12,000) where p denotes the wholesale unit price in dollars and x denates the quantity demanded. The weekly total cost function associated with manufacturing these sets is given by C) -0.000002-0.0. 400x + 80,000 where C) denotes the total cost incurred in producing x sets. Find the level of production that wil yleid a maximum profit for the manufacturer Hint: Use the guadratic formula. (Round your answer to the nearest whole number) units

Advanced Engineering Mathematics
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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Maximizing Profits The weekly demand for the Puisar 40-in. high-definition television is given by the demand equation P--0.07x +631 (0sxs 12,000) where p denotes the wholesale unit price in dollars and x denotes the quantity demanded. The weekly total eost function associated with manufacturing these sets is given by C)-0.000003 -0 0t. 400x + 80,000 where C) denotes the total cost incurred in producing x sets. Find the level of production that will yleld a maximum proft for the manufacturer Hinti Use the quadratic formula. (Round your answer to the nearest whole number) units
Transcribed Image Text:Maximizing Profits The weekly demand for the Puisar 40-in. high-definition television is given by the demand equation P--0.07x +631 (0sxs 12,000) where p denotes the wholesale unit price in dollars and x denotes the quantity demanded. The weekly total eost function associated with manufacturing these sets is given by C)-0.000003 -0 0t. 400x + 80,000 where C) denotes the total cost incurred in producing x sets. Find the level of production that will yleld a maximum proft for the manufacturer Hinti Use the quadratic formula. (Round your answer to the nearest whole number) units
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