A division of Chapman Corporation manufactures a pager. The weekly fixed cost for the division is $14,000,
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A division of Chapman Corporation manufactures a pager. The weekly fixed cost for the division is $14,000, and the variable cost for producing x pagers/week in dollars is represented by the function V(x). V(x) = 0.000001x3 − 0.01x2 + 50x The company realizes a revenue in dollars from the sale of x pagers/week represented by the function R(x). R(x) = −0.02x2 + 150x; (0 ≤ x ≤ 7,500)
a)Find the total cost function C.
b)Find the total profit function P.
c)What is the profit for the company (in dollars) if 1,500 units are produced and sold each week?
Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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