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13 Nov 2019
DIRECTION:
Show all work â facts, primary and secondary equations, finding the derivatives, doing sign tests, and donât forget to answer the questions asked!
1. An appliance firm is marketing a new refrigerator. It determines that in order to sell x refrigerators, the price per refrigerator must be p = 280 â 0.4x. It also determines that the total cost of producing x refrigerators is given by C (x) = 5000 + 0.6x2 . How many refrigerators must the company produce and sell in order to maximize profit? What is the maximum profit?
DIRECTION:
Show all work â facts, primary and secondary equations, finding the derivatives, doing sign tests, and donât forget to answer the questions asked!
1. An appliance firm is marketing a new refrigerator. It determines that in order to sell x refrigerators, the price per refrigerator must be p = 280 â 0.4x. It also determines that the total cost of producing x refrigerators is given by C (x) = 5000 + 0.6x2 . How many refrigerators must the company produce and sell in order to maximize profit? What is the maximum profit?
Beverley SmithLv2
11 Oct 2019
