A company has started selling a new type of s tphone at the price of $110-0.05x where x is the number of smartphones manufactured per day. The parts for each smartphone cost $50 and the labor and overhead for running the plant cost $6000 per day. How many smartphones should the company manufacture and sell per day to maximize the profit. (Note: Profit-Revenue - Cost) *
A company has started selling a new type of s tphone at the price of $110-0.05x where x is the number of smartphones manufactured per day. The parts for each smartphone cost $50 and the labor and overhead for running the plant cost $6000 per day. How many smartphones should the company manufacture and sell per day to maximize the profit. (Note: Profit-Revenue - Cost) *
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 50CR
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