Question
The weekly demand for the Pulsar 25 color LED television is represented by p , where p denotes the wholesale unit price in dollars and
The weekly demand for the Pulsar 25 color LED television is represented byp, wherepdenotes the wholesale unit price in dollars andxdenotes the quantity demanded.
The weekly total cost function associated with manufacturing the Pulsar 25 is given byC(x), whereC(x) denotes the total cost incurred in producingxsets.
(a) Find the revenue functionR.
R(x) =
Find the profit functionP.
P(x) =
(b) Find the marginal cost functionC '.
C '(x) =
Find the marginal revenue functionR '.
R '(x) =
Find the marginal profit functionP '.
P '(x) =
(c) Compute the following values. (Round your answers to two decimal places.)
C '(1500)=R '(1500)=P '(1500)=
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