FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company can produce a maximum of 1500 widgets in a year. If they sell widgets during the year then their profit function, in dollars,

image text in transcribed
A company can produce a maximum of 1500 widgets in a year. If they sell widgets during the year then their profit function, in dollars, is given by, P(x) = 30,000,000 - 360,000x + 750x - = x . How many widgets should they try to sell in order to maximize their profit? A. $1300. B. $1200. C. $300. D. $200

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

Precalculus, Enhanced WebAssign Edition

Precalculus, Enhanced WebAssign Edition

Authors: James Stewart

6th Edition

1285499948, 9781285499949

More Books

Students also viewed these Mathematics questions

Question

★★★★★
You are the marketing manager of a food products company that is considering entering the Indian market. The retail system in India tends to be very fragmented. Also, retailers and wholesalers tend...

Answered: 1 week ago

Question

★★★★★
What is the role of integrated marketing communications (IMC) in a firm's overall marketing strategy? When executed well, what are its benefits?

Answered: 1 week ago

Question

★★★★★
We throw a die six times. If at the ith throw, 1 i 6, we get an outcome i, we say that there is a concordance (between the serial number of throws and the outcome of the die). What is the...

Answered: 1 week ago

Question

★★★★★
From the partial work sheet below, prepare a balance sheet for Adams' ShoeShine. Adams' Shoe Shine Work Sheet (Partial) For Month Ended June 30, 20 -- BALANCE SHEET KIMESTATEMENT ACCOUNT TITLE DERIT...

Answered: 1 week ago

Question

★★★★★
Based on this information, what is one estimate of the value of a share of Pure Soda stock? One share of Pure Soda stock is valued at $ ( Round to the nearest cent. )

Answered: 1 week ago

Question

★★★★★
LMNO Gaskets has formulated a production plan for a product to meet demand over the upcoming four quarters. Demand in each of the four quarters and production, overtime, and subcontracting capacities...

Answered: 1 week ago

Question

★★★★★
This module aims to teach you to break down many engineering or everyday life processes into smaller problems. Models can then be created based on conservation of mass, momentum and energy (heat)....

Answered: 1 week ago

Question

★★★★★
You are performing an earned value analysis (EVM) on your 28-week project. The project was scheduled to be 50% complete at this time. You have finished 14 of the 32 deliverables (all of equal value)....

Answered: 1 week ago

Question

★★★★★
13. Which stress value(s) will be nonzero at location J? A. Ozz B. Oyy X C. Ozz D. y E. Ozz F. Oyz X y A M Cross Section at A-A Y Z A B 0/1 points

Answered: 1 week ago

Question

★★★★★
Question on setting up supplier records(Q=115.F.M.CS.S.Q1) After you have finished setting up the supplier records for Hi-Fi Way, Edgar asks you to perform the following steps in MYOB and then...

Answered: 1 week ago

Question

★★★★★
Which forms of speculation or postponement is each of the following? (Explain in full) 1) A computer hardware company is producing parts of the computer and ship. them to market but only assemble...

Answered: 1 week ago

Question

★★★★★
4. It is the principle of equality (according to very specific criteria of equality) that is crucial.

Answered: 1 week ago

Question

★★★★★
7. As your starting point, take a discussion you have had with a person at your workplace. Answer the following questions: Answer the following questions: What did you want to achieve? How did you...

Answered: 1 week ago

Question

★★★★★
5. What does it mean when someone views it as important for their human dignity to maximize certain human values?

Answered: 1 week ago

Previous Question Next Question