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13 Nov 2019
and 7 (20 pts.) Suppose that for a company manufacturing mobile phones, the weekly price-dem cost equations are given by: p = 400-0.5m C(x)-= 25000 + 140x where the production output for one week is phones. Answer the following questions regarding the optimization of the weekly revenue using complet (a) How many phones should be produced to maximize the weekly revenue? (b) How much should the company charge per phon e to maximize the weekly revenue? (c) What is the maximum weekly revenue?
and 7 (20 pts.) Suppose that for a company manufacturing mobile phones, the weekly price-dem cost equations are given by: p = 400-0.5m C(x)-= 25000 + 140x where the production output for one week is phones. Answer the following questions regarding the optimization of the weekly revenue using complet (a) How many phones should be produced to maximize the weekly revenue? (b) How much should the company charge per phon e to maximize the weekly revenue? (c) What is the maximum weekly revenue?
Nelly StrackeLv2
16 Apr 2019