6. You still work at Apple and they have promoted you to work on their iPhone...

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6. You still work at Apple and they have promoted you to work on their iPhone batteries Assume the demand for these replacement batteries is given by d= -4x+64 where x is the number of batteries (in units of a thousand) and the cost to produce them is given by C(x) = -x+20x+40 where x is the number of batteries in units of a thousand) and C is the cost (in millions) (10 pts) a. Find the production level that maximizes Apple's profit b. What is the maximum profit? C. How much should you sell each battery for in order to achieve that max profit? 6. You still work at Apple and they have promoted you to work on their iPhone batteries Assume the demand for these replacement batteries is given by d= -4x+64 where x is the number of batteries (in units of a thousand) and the cost to produce them is given by C(x) = -x+20x+40 where x is the number of batteries in units of a thousand) and C is the cost (in millions) (10 pts) a. Find the production level that maximizes Apple's profit b. What is the maximum profit? C. How much should you sell each battery for in order to achieve that max profit?

Answer rating: 100% (QA)

To find the production level that maximizes Apples profit we need to determine the profit function a... View the full answer