subject
Mathematics, 06.05.2020 05:44 matt3987

The financial department of a company that produces digital cameras arrived at the following price-demand function and the corresponding revenue function: p(x) = 95.4 - 6x price-demand R(x) = x ∙ p(x) = x(95.4 - 6x) revenue function The function p(x) is the wholesale price per camera at which x million cameras can be sold and R(x) is the corresponding revenue (in million dollars). Both functions have domain 1 ≤ x ≤ 15. They also found the cost function to be C(x) = 150 + 15.1x (in million dollars) for manufacturing and selling x cameras. Find the profit function and determine the approximate number of cameras, rounded to the nearest hundredths, that should be sold for maximum profit.

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 18:40, icantspeakengles
Does the point (1, sqrt 7) lie on circle shown.
Answers: 1
image
Mathematics, 21.06.2019 21:00, itsdeevv
How many kilograms of a 5% salt solution and how many kilograms of a 15% salt solution must be mixed together to make 45kg of an 8% salt solution?
Answers: 3
image
Mathematics, 21.06.2019 21:00, villanuevajose95
A. s.a.! this is a similarity in right triangles. next (solve for x)a.) 12b.) 5c.) 12.5d.) [tex] 6\sqrt{3} [/tex]
Answers: 2
image
Mathematics, 21.06.2019 21:00, ijohnh14
Suppose a gym membership has an initial enrollment fee of $75 and then a fee of $29 a month. which equation models the cost, c, of the gym membership for m months?
Answers: 1
You know the right answer?
The financial department of a company that produces digital cameras arrived at the following price-d...

Questions in other subjects:

Konu
Biology, 09.02.2021 23:00
Konu
Mathematics, 09.02.2021 23:00
Konu
Mathematics, 09.02.2021 23:00