Consider a hypothetical cell phone company whose manufacturing costs x number of cell phones is C =
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Question:
Consider a hypothetical cell phone company whose manufacturing costs x number of cell phones is C = 2000x + 750,000 whose profit obtained by x number of cell phones is R = -0.09x ^ 2 + 7000x. Apply the relative maximum and minimum values of a polynomial function to determine the gain function. Given the following data, determine the profit of the company when
x = 50 cell phones
x = 12,500 cell phones
x = 30,000 cell phones
Related Book For
Business Statistics
ISBN: 978-0321925831
3rd edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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