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]
 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 radi

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