SOLUTION: Suppose the revenue r in thousands of dollars that a company receives from producing x thousand compact disc players is given by the formula
R(x) = x (40 – 2x).
a) How man
Algebra.Com
Question 669421: Suppose the revenue r in thousands of dollars that a company receives from producing x thousand compact disc players is given by the formula
R(x) = x (40 – 2x).
a) How many CD players should the company produce to maximize its revenue?
b) What is the maximum revenue?
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
R(x)=40x-2x^2
=-2(x^2-20x+100)+200
=-2)x-10)^2+200
Vertex is (10,200)
To maximize revenue, the company should produce 10,000 cd players.
Maximum revenue will be $200,000
RELATED QUESTIONS
The cost to produce one compact disc is $1.25 plus a one-time fixed cost of $2500. The... (answered by nunezs1981)
The cost to produce one compact disc is $1.75 plus a one-time fixed cost of $2500. The... (answered by JulietG)
The cost to produce one compact disc is $1.25 plus a one-time fixed cost of $2500. The... (answered by stanbon)
Miraculous Music, Inc. finds that the cost to make x compact discs is C = 7x + 10,237, (answered by Nate)
In a certain mill the cost C is thousands of dollars of producing x tons of steel is... (answered by Earlsdon)
A manufacturer of microwave ovens believes that the revenue R, in dollars, the company... (answered by ikleyn)
A company producing steel construction bars uses the function R(x) = -0.06x^2+10.2x -50... (answered by nerdybill)
How do i solve the following equation? A company producing steel construction bars uses... (answered by fcabanski)
Suppose that the price per unit in dollars of a cell phone production is modeled by p =... (answered by ikleyn)