A company manufactures and sells x radios per month The mont
     A company manufactures and sells x radios per month. The monthly cost and price-demand equations are: C(x) = 50,000 + 45x  P = 400 -x/10  0  x  4,000  How many radios should the company produce to maximize profit? (Points : 1)  223  1,775  265,063  394,938 
  
  Solution
Profit = (400 - x/10)x - 50000 - 45x To maximize, 400 - x/10 -x/10 -45 = 0 x = 1775 [b]
