Mathematics, 21.07.2021 22:20 kenna162
The cost function for a telephone manufacturing plant is C(x) = 5x + 24 and the revenue function is
R(x) = - 2x + 27x, where x is the number of telephones sold, in thousands.
a) Determine the profit function for the number of phones sold.
b) Determine the number of telephones sold that maximizes profit.
c) Determine the maximum profit in thousands.
Answers: 1
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The cost function for a telephone manufacturing plant is C(x) = 5x + 24 and the revenue function is...
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