Question
The demand model p= -0.02 x+ 19gives the price per model (in dollars per novel) p when x novels are sold. The cost (in dollars)
The demand modelp= -0.02x+19gives the price per model (in dollars per novel)pwhenxnovels are sold. The cost (in dollars) for publishingxnovels is given by c(x) = 19+4x
a. How many novels should be sold in order for revenue to be a maximum?
b. what is the maximum profit?
c. Find the average cost when 50 novels are sold.
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College Algebra
Authors: Robert F Blitzer
7th Edition
013449492X, 9780134453262
