Maximizing Profits The weekly demand for the Pulsar 40-in. high-definition television is given by the demand equation p=

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Maximizing Profits The Weekly Demand For The Pulsar 40 In High Definition Television Is Given By The Demand Equation P 1 (16.44 KiB) Viewed 38 times

Maximizing Profits The weekly demand for the Pulsar 40-in. high-definition television is given by the demand equation p=0.07x + 563 (0 ≤ x ≤ 12,000) where p denotes the wholesale unit price in dollars and x denotes the quantity demanded. The weekly total cost function associated with manufacturing these sets is given by C(x) = 0.000002x3 -0.05x² + 400x + 80,000 where C(x) denotes the total cost incurred in producing x sets. Find the level of production that will yield a maximum profit for the manufacturer. Hint: Use the quadratic formula. (Round your answer to the nearest whole number.) units