Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Pear company sells pPhones. The cost to manufacture a pPhones is C(a) = -27ac + 54000xc + 21740 dollars (this includes overhead costs and
The Pear company sells pPhones. The cost to manufacture a pPhones is C(a) = -27ac + 54000xc + 21740 dollars (this includes overhead costs and production costs for each pPhone). If the company sells a pPhones for the maximum price they can fetch, the revenue function will be R(a) = -35x + 246000x dollars. How many pPhones should the Pear company produce and sell to maximimze profit? (Remember that profit=revenue-cost.) X=
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