Use the Sales information above to answer this question. How many thingamabobs should Yaster Inc. produce and sell in order to maximize revenue? thingamabobs. Round to the nearest thingamabob.

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Thingamabob Sales
Yaster Inc. is trying to enter the thingamabob market. The research department
established the following price-demand, cost, and revenue functions:
Price-
p(x) = 57 1.14x
demand
function
|C(x) = 215 + 11x
Cost function
Revenue
R(x) = xp(x) = x(57 - 1.14x)
function
where x is in thousands of thingamabobs and C'(x) and R(x) are in thousands
of dollars. The price p(x) is the price in dollars of one thingamabob when the
demand is a thousand thingamabobs. All three functions have domain
1 ≤ x ≤ 50.
Transcribed Image Text:Thingamabob Sales Yaster Inc. is trying to enter the thingamabob market. The research department established the following price-demand, cost, and revenue functions: Price- p(x) = 57 1.14x demand function |C(x) = 215 + 11x Cost function Revenue R(x) = xp(x) = x(57 - 1.14x) function where x is in thousands of thingamabobs and C'(x) and R(x) are in thousands of dollars. The price p(x) is the price in dollars of one thingamabob when the demand is a thousand thingamabobs. All three functions have domain 1 ≤ x ≤ 50.
Use the Sales information above to answer this question.
How many thingamabobs should Yaster Inc. produce and sell in order to
maximize revenue?
thingamabobs. Round to the nearest thingamabob.
Transcribed Image Text:Use the Sales information above to answer this question. How many thingamabobs should Yaster Inc. produce and sell in order to maximize revenue? thingamabobs. Round to the nearest thingamabob.
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