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Maximum Profit Yaster Gadgets manufactures and sells x smartphones per week. The weekly price-demand and cost equations are, respectively, p= 453 - 0.48 x and
Maximum Profit
Yaster Gadgets manufactures and sells x smartphones per week. The weekly price-demand and cost equations are, respectively,
p= 453 - 0.48 x and C(x)= 19,111 + 23 x.
Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities.
- How many phones should be produced each week? phones. Round to 2 decimal places.
- What price should Jesaki charge for the phones? $ per phone. Round to the nearest cent.
- What is the maximum weekly profit? $ per week. Round to the nearest cent.
Enter the result for 3.
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