document.write( "Question 998203: The demand equation for a certain product is given by p=108-0.001x, where p is the unit price(in dollars) of the product and x is the number of units produced and sold. The cost equation for the product is C=85x+150,000, where C is the total cost(in dollars) and x is the number of products produced and sold. The revenue equation for the product is R = xp, where R is the total revenue(in dallars), p is the unit price (in dallars), and x is number of products produced and sold.\r
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document.write( "1. what is maximum profit P?
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document.write( "2. what is the unit price p that produces the maximum profit P?
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document.write( "3.if a pfofit of 9 million is possible, what is unit price P?
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document.write( " if a profit of 9 milloin is not possible, explain why?
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document.write( "4. what is the minimum unit rice P that can be used so that the company does not lose money? \n" );
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Algebra.Com's Answer #616036 by solver91311(24713)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "1.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Substitute the functions, collect like terms, and then use the formula for the vertex of a parabola or take the first derivative to find the local maximum of the function.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "My calculator said it, I believe it, that settles it\r \n" ); document.write( "\n" ); document.write( " |