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The latest demand equation for your gaming Web site, www.mudbeast.net, is given by q=500x+1200 whereqis the number of users who log on per month andxis
The latest demand equation for your gaming Web site, www.mudbeast.net, is given by
q=500x+1200
whereqis the number of users who log on per month andxis the log-on fee you charge. Your Internet provider bills you as follows:
Site maintenance fee: | $50per month |
High-volume access fee: | $0.80per log-on |
Find the monthly cost as a function of the log-on feex.
C(x) = |
Find the monthly profit as a function ofx.
P(x) = |
Determine the log-on fee you should charge to obtain the largest possible monthly profit.
x= $ per log-on
What is the largest possible monthly profit?
$
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