An electronic manufacturing company has determined that the monthly cost of producing x units of its newest
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An electronic manufacturing company has determined that the monthly cost of producing x units of its newest stereo is C(x) = 2500 10x , and the monthly demand equation for this cost function is p = 60,000-x/1500 where x is the number of units and p is the price in dollars. Use the demand equation to find the monthly revenue equation. Then find the monthly profit equation and use it to compute the monthly marginal profit for a production level of 8250 units. The monthly marginal profit when 8250 units are produced and sold is _____________dollars?
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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