R(x) = 75x - 0.2x ^ 2 The monthly revenue R achieved by selling x wristwatches is figured to bemonthly cost C of is C(x) = 28x + 1650 (a) How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue? (b) Profit is given as P(x) = R(x) - C(x) What is the profit function? ) How many wristwatches must the firm self to maximize profit? What is the maximum Profit?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.2: Domain And Range
Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...
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R(x) = 75x - 0.2x ^ 2 The monthly revenue R achieved by selling x wristwatches is figured to bemonthly cost C of is C(x) = 28x + 1650 (a) How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue? (b) Profit is given as P(x) = R(x) - C(x) What is the profit function? ) How many wristwatches must the firm self to maximize profit? What is the maximum Profit?

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