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The monthly demand function for x units of a product sold by a monopoly is p = 6,200 - - x2 dollars, and its average

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The monthly demand function for x units of a product sold by a monopoly is p = 6,200 - - x2 dollars, and its average cost is C = 3,090 + 2x dollars. Production is limited to 100 units. Find the revenue function, R(x), in dollars. R(X ) = 6200x - 1 3 V Awesome job! Find the cost function, C(x), in dollars. C(x) = 3090x + 2x2 Nice job. Find the profit function, P(x), in dollars. co P (x) = 3110x - 2x2 _ 1 V You're right! Find P' (x). P'(x) = 3110- 4x - 3x2 V Nice job. Find the number of units that maximizes profits. (Round your answer to the nearest whole number.) * units Find the maximum profit. (Round your answer to the nearest cent. ) Does the maximum profit result in a profit or loss? profit loss

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