You are an accountant for a manufacturer of radios. The demand function for the tablets is p =40 − 4x2 where x is the number of tablets produced in millions. It costs the company $15 to make a tablet. (i). Write an equation for the manufacturer’s profit as a function of the number of tablets produced. (ii). The company currently produces 1 million tablets and makes a profit of $21,000,000, but you would like to scale up production a bit. What greater number of tablets could the company produce to yield the same profit?
You are an accountant for a manufacturer of radios. The demand function for the tablets is p =40 − 4x2 where x is the number of tablets produced in millions. It costs the company $15 to make a tablet. (i). Write an equation for the manufacturer’s profit as a function of the number of tablets produced. (ii). The company currently produces 1 million tablets and makes a profit of $21,000,000, but you would like to scale up production a bit. What greater number of tablets could the company produce to yield the same profit?
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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You are an accountant for a manufacturer of radios. The demand function for the tablets is
p =40 − 4x2 where x is the number of tablets produced in millions. It costs the company
$15 to make a tablet.
(i). Write an equation for the manufacturer’s profit as a function of the number of tablets
produced.
(ii). The company currently produces 1 million tablets and makes a profit of $21,000,000,
but you would like to scale up production a bit. What greater number of tablets could
the company produce to yield the same profit?
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