Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2) A company produces and sells smartphones. The revenue for one smartphone is $900. The cost to produce x smartphones is given by C() =

image text in transcribed
2) A company produces and sells smartphones. The revenue for one smartphone is $900. The cost to produce x smartphones is given by C() = 0.001x3 - 0.003x2 + 0.015x + 90000 dollars. a) How many smartphones must be produced and sold to maximize the profit? Round the answer to the nearest whole number. smartphones b) Using this number of smartphones, what is the maximum profit? Round your answer to the nearest dollar. dollars

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Trigonometry A Unit Circle Approach (Subscription)

Authors: Michael Sullivan

9th Edition

032183075X, 9780321830753

More Books

Students also viewed these Mathematics questions