Question: Repeat Problem 13 for C(x) = 60,000 + 60x Problem 13 A company manufactures and sells x television sets per month. The monthly cost and
C(x) = 60,000 + 60x
Problem 13
A company manufactures and sells x television sets per month. The monthly cost and price-demand equations are
C(x) - 72,000 + 60x
(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?
p=200-1 50 0 s x S 10,000 p=200- 0 s s 6,000 30
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A Rx 200 x25 Now Rx 200 x25 0 implies x 5000 Thus R5000 1 25 0 and w... View full answer
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