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A company manufactures and sells x television sets per month. The monthly cost equation is?(?)=??,???+???and the...

A company manufactures and sells x television sets per month. The monthly cost equation is?(?)=??,???+???and the monthly demand−price equation is ?=???−???Use thisinformation to answerquestions below.

1.a.What is the maximum monthly revenue?

b.What price should the company charge for each television set?

2.a.How many television sets should be produced to realize the maximum monthly profit?

b.What is the maximum monthly profit

Solutions

Expert Solution

I am not able to find what you have written in price p

Is it x^30 or x/30...I have taken p= 200 - x/30 ... If it is different, please tell me in comments. I will upload solution for that!

milcah answered 2 years ago
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