
Maximum revenue and profit. A company manufactures and sells x television sets per month. The monthly cost and price-demand equations are
C(x) = 72,000 + 60x
- (A) Find the maximum revenue.
- (B) Find the maximum profit, the production level that will realize the maximum profit, and the price the company should charge for each television set.
- (C) If the government decides to tax the company $5 for each set it produces, how many sets should the company manufacture each month to maximize its profit? What is the maximum profit? What should the company charge for each set?

Want to see the full answer?
Check out a sample textbook solution
Chapter 4 Solutions
Pearson eText for Calculus for Business, Economics, Life Sciences, and Social Sciences, Brief Version -- Instant Access (Pearson+)
Additional Math Textbook Solutions
Pathways To Math Literacy (looseleaf)
Elementary & Intermediate Algebra
Finite Mathematics for Business, Economics, Life Sciences and Social Sciences
Elementary Statistics: Picturing the World (7th Edition)
Probability And Statistical Inference (10th Edition)
College Algebra (7th Edition)
- pls helparrow_forwardUse the formulas developed in this section to find the area of the figure. A= (Simplify your answer.) 8.5 m 7 T 13 m 7.7 m m 21 marrow_forwardFind the circumference and area of the circle. Express answers in terms of and then round to the nearest tenth. Find the circumference in terms of C = (Type an exact answer in terms of л.) 9 cmarrow_forward
- Find the area of the figure. A = 4 m 11 m 13 m 5 marrow_forwardFind the exact values of sin(2u), cos(2u), and tan(2u) given 2 COS u where д < u < π. 2arrow_forward(1) Let R be a field of real numbers and X=R³, X is a vector space over R, let M={(a,b,c)/ a,b,cE R,a+b=3-c}, show that whether M is a hyperplane of X or not (not by definition). متکاری Xn-XKE 11Xn- Xmit (2) Show that every converge sequence in a normed space is Cauchy sequence but the converse need not to be true. EK 2x7 (3) Write the definition of continuous map between two normed spaces and write with prove the equivalent statement to definition. (4) Let be a subset of a normed space X over a field F, show that A is bounded set iff for any sequence in A and any sequence in F converge to zero the sequence converge to zero in F. އarrow_forward
- Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin HarcourtAlgebra for College StudentsAlgebraISBN:9781285195780Author:Jerome E. Kaufmann, Karen L. SchwittersPublisher:Cengage LearningGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
- Trigonometry (MindTap Course List)TrigonometryISBN:9781337278461Author:Ron LarsonPublisher:Cengage LearningCollege AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage LearningAlgebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning





