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 ->
Customizable Word Problem Solvers
-> Misc
-> 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
Log On
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?
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
