MY teacher has been known to run out of time and as a result skip parts of the lectures
assigning homework he did not finish lecturing on
So i need help :[
A company manufactures and sells x television sets per month. The monthly cost and price-demand equations are:
C(x) = 72000 + 60x
P(x) = 200 - x/30
i know i have 2 out of the 5 questions correct
(A) The production level that will realize the maximum revenue is _____?____ televisions.
(B) The production level that will realize the maximum profit is __2100___ televisions.
(C) The maximum profit is $ _________.
(D) The price that should be charged to maximize profit is $ ___130___ .
(E) 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?
The company should produce ________ televisions per month.
assigning homework he did not finish lecturing on
So i need help :[
A company manufactures and sells x television sets per month. The monthly cost and price-demand equations are:
C(x) = 72000 + 60x
P(x) = 200 - x/30
i know i have 2 out of the 5 questions correct
(A) The production level that will realize the maximum revenue is _____?____ televisions.
(B) The production level that will realize the maximum profit is __2100___ televisions.
(C) The maximum profit is $ _________.
(D) The price that should be charged to maximize profit is $ ___130___ .
(E) 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?
The company should produce ________ televisions per month.