Repeat Problem 13 for C(x) = 60,000 + 60x Problem 13 A company manufactures and sells x

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Repeat Problem 13 for
C(x) = 60,000 + 60x
Repeat Problem 13 for
C(x) = 60,000 + 60x
Problem 13
A company

Problem 13
A company manufactures and sells x television sets per month. The monthly cost and price-demand equations are
C(x) - 72,000 + 60x

Repeat Problem 13 for
C(x) = 60,000 + 60x
Problem 13
A company

(A) Find the maximum revenue.
(B) Find the maximum profit, the production level that will realize the maximum profit, and the price the company should charge for each television set.
(C) If the government decides to tax the company $5 for each set it produces, how many sets should the company manufacture each month to maximize its profit? What is the maximum profit? What should the company charge for each set?

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Related Book For  book-img-for-question

College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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