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The demand, are established within the daily production line of Stereo Company. is defined as the price per unit while x is the quantity demanded.

The demand, image text in transcribed are established within the daily production line of Stereo Company. image text in transcribed is defined as the price per unit while x is the quantity demanded. image text in transcribed which is the total cost of producing x units of item are provided with the equation image text in transcribed . To obtain the maximum profit, Stereo Company requires exactly 100 units. On the other hand, if Stereo Company produces 80 units of item, the profitis amount to $500. Hint: Find the total revenue function and total profit function first.

a) Find values of a and b. Both a and b are constants.

b) Find the marginal profit when 85 units are produced and sold.

c) Find the maximum profit of Stereo Company.

p= 100 = ac C(C 2 C(C) = b + 5x 2 =

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