Quiz. Quiz 7 (4.5-4.6) (A) The maximum revenue is $ (Type an integer or a decimal.) (B) The maximum profit is $ (Type in
Posted: Mon Jul 11, 2022 10:44 am
Question 2 of 6 > A company manufactures and sells x television sets per month. The monthly cost and price-demand equations are C(x) = 74,000 + 70x and p(x)=250- (A) Find the maximum revenue, (B) Find the maximum profit, the production level that will realize the maximum profit, and the price the company should charge for each television set. (C) If the government decides to tax the company $5 for each set it produces, how many sets should the company manufacture each month to maximize its profit? What is the maximum profit? What should the company charge for each set? (C) When each set is taxed at $5, the maximum profit is $ when sets are manufactured and sold for $ each. (Type integers or decimals) 20 This quiz: 6 point(s) possible This question: 1 point(s) possible 0≤x≤5000 Submit quiz
Quiz. Quiz 7 (4.5-4.6) (A) The maximum revenue is $ (Type an integer or a decimal.) (B) The maximum profit is $ (Type integers or decimals) < when sets are manufactured and sold for $ each.