The manufacturer of color televisions can sell 2200 sets to his dealers at $585 each. If the price is $520, he can sell 2700 sets. The total cost of producing x television sets is C(x) = 2200 + 551x -0.05x². Assuming the demand function is linear, find the number of sets sold that will maximize profit.
The manufacturer of color televisions can sell 2200 sets to his dealers at $585 each. If the price is $520, he can sell 2700 sets. The total cost of producing x television sets is C(x) = 2200 + 551x -0.05x². Assuming the demand function is linear, find the number of sets sold that will maximize profit.
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CT: Test
Problem 19CT
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![The manufacturer of color televisions can sell 2200 sets to his dealers at
$585 each. If the price is $520, he can sell 2700 sets. The total cost of
producing x television sets is C(x) = 2200 + 551x -0.05x². Assuming the
demand function is linear, find the number of sets sold that will maximize
profit.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F323c4818-e3ec-479b-a7ba-1a514193e117%2Fc7650040-3eb8-47d3-9111-c299c092cd45%2F6sn4xaq_processed.png&w=3840&q=75)
Transcribed Image Text:The manufacturer of color televisions can sell 2200 sets to his dealers at
$585 each. If the price is $520, he can sell 2700 sets. The total cost of
producing x television sets is C(x) = 2200 + 551x -0.05x². Assuming the
demand function is linear, find the number of sets sold that will maximize
profit.
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