In: Advanced Math
The revenue and cost functions for a particular product are given below. The cost and revenue are given in dollars, and x represents the number of units .
R(x) = −0.8x2 + 704x
C(x) = 264x + 57120
(a) How many items must be sold to maximize the revenue?
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(b) What is the maximum revenue?
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(c) Find the profit function.
P(x) = ___________
(d) How many items must be sold to maximize the profit?
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(e) What is the maximum profit?
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(f) At what production level(s) will the company break even on this
product? (Enter your answers as a comma-separated list.)
units
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