c(x)=74,000+60x and P(x)=300-x/30, 0<x<9000. a: max revenue b: max profit, production level that will realize the...

c(x)=74,000+60x and P(x)=300-x/30, 0<x<9000.

a: max revenue

b: max profit, production level that will realize the max profit and the price the company should charge for each set

c: gov. taxes $5 for each tv set, how many sets should the company manufactor each month to maximize profit, what is max profit, what should the company charge?

Expert Solution

milcah answered 2 years ago

Let R(x), C(x), and P(x) be, respectively, the revenue, cost, and profit, in dollars, from the...

Let R(x), C(x), and P(x) be, respectively, the revenue, cost, and profit, in dollars, from the production and sales of x items. If R(x) = 6x and C(x) = 0.004x^2+2.7x+70, find each of the following: a) P(x) = b) R(150), C(150), and P(150) c)R'(x), C'(x), P'(x) d) R'(150), C'(150), and P'(150)

Let R(x), C(x), and P(x) be, respectively, the revenue, cost, and profit, in dollars, from the...

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Profit = Revenue - Cost P(x) = R(x) - C(x) Given: R(x) = x^2 - 30x...

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Distribution A: xi Distribution A: P(X=xi) Distribution B: xi Distribution B: P(X=xi) 0 0.03 &nbsp

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c(x)=74,000+60x and P(x)=300-x/30, 0<x<9000. a: max revenue b: max profit, production level that will realize the...

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