Business, 30.05.2020 21:00 libertycooper
It costs the American Automobile Company $12,000 to produce each automobile, and fixed costs (rent and other expenses that do not depend on the amount of production) are $20,000 per week. The company’s price function is pp(xx) = 24,000 − 80xx, where p is the price at which exactly x cars will be sold. a) How many cars should be produced each week to maximize profit? b) For what price should they be sold? c) What is the company’s maximum profit?
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It costs the American Automobile Company $12,000 to produce each automobile, and fixed costs (rent a...
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