A company that produces cameras has the following demand function: p(x) = 5x + 94.8 where x is millions of cameras and p(x) is the price per camera

in dollars. The cost for producing and selling the cameras is given by C(x) =19.7x +156where x is millions of cameras and C(x) is the cost in millions

of dollars.

Find p(3) and discuss its meaning.

Find the Revenue function.

Find when the Revenue is zero.

Find the maximum Revenue.

Graph the Revenue and Cost functions on one set of axes. Copy graph to

paper and label graph.

Find the break-even points using algebra and approximate your answer.

Find the Profit function.

Find the Maximum Profit.