The cost for producing gadgets is given by C(q)1500 + 4g?. They sell 320 dollars for each unit.At what production level is the profit maximized?O 60 units45 unitsO 55 unitsO 50 unitsO None of the others are correct.O 40 units

First calculate the selling price function then find the profit and maximize it.

Answered: The cost for producing gadgets is given…

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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The value of a comic book in dollars has been found to be 0.20y+1.50, where y is the number of years since it was released.
res and fliers tching tours. wires three s two. They paper, but chures and osts 10¢ to to print. their print st? anufactures It takes 8 wboard and a set of skis. or available n. Due to e at least 15 s profit $55 ach. How produce in a r profit? The amphitheater has two types of tickets available, reserved seats and lawn seats. The maximum capacity of the venue is 20,000 people, however, they must sell at least 5,000 tickets for a concert to be held. As an additional constraint, the number of lawn seats cannot exceed the number of reserved seats. If reserved seats profit $65 each and lawn tickets profit $40 each, how many of each must they sell to maximize their profits? 6 Ben works for a software company in Cleveland. To train new employees, Ben travels to their two other locations, Buffalo and Philadelphia. A Buffalo trip takes two days while a Philadelphia trip takes three days. He can travel no more than 105 days each year. Due to many new employees this year, he must travel to…
explain how they got this answer pls
4G 5) The profit function can be derived as: Select one: a. The sum of the revenue and the cost functions. b. The difference between the variable cost and the revenue function. c. The output of subtracting the cost from the revenue functions. d. None of the statements above.? Previous page Next page + CH2 Application on calculus Jump to...
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The cost for producing gadgets is given by C(q) 1500 + 4g?. They sell 320 dollars for each unit. At what production level is the profit maximized? O 60 units 45 units O 55 units O 50 units O None of the others are correct. O 40 units