Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please help sovle parts A-C. thanks Homework: Section 4.6 Optimization (5) Part 1 of 3 Question 2 Score: 0 of 1 point A company manufactures
Please help sovle parts A-C. thanks
Homework: Section 4.6 Optimization (5) Part 1 of 3 Question 2 Score: 0 of 1 point A company manufactures and sells x television sets per month. The monthly cost and price-demand equations are C(x) = 72,000 + 80x and p(x) = 250 - Osxs 5000 20 (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 S5 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? (A) The maximum revenue is $ (Type an integer or a decimal.)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started