You work for a company producing cell phones.  The cost C for producing x cell phones is C(x)=240x+50,000.  The revenue R received from selling x phones is modeled with the function R(x)=2000x−10x2. What number of cell phones would give your company the maximum profit?  Round to the nearest whole number if necessary. How much profit would your company make for this number of phones?  Round to the nearest cent if necessary. On the same coordinate system, graph the cost, revenue, and profit functions.  Be sure to make your graph large enough to show the appropriate detail and choose appropriate scales on each axis.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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You work for a company producing cell phones.  The cost C for producing x cell phones is C(x)=240x+50,000.  The revenue R received from selling x phones is modeled with the function R(x)=2000x−10x2.

  1. What number of cell phones would give your company the maximum profit?  Round to the nearest whole number if necessary. How much profit would your company make for this number of phones?  Round to the nearest cent if necessary.
  2. On the same coordinate system, graph the cost, revenue, and profit functions.  Be sure to make your graph large enough to show the appropriate detail and choose appropriate scales on each axis. 
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