Maximum Profit Yaster Gadgets manufactures and sells x smartphones per week. The weekly price-demand and cost equations are, respectively, p = 487 - 0.47 x and C(x) = 19,299 + 21 x. Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities. 1. How many phones should be produced each week? phones. Round to 2 decimal places. 2. What price should Jesaki charge for the phones? $ per phone. Round to the nearest cent. 3. What is the maximum weekly profit? $ Round to the nearest cent. per week. Enter the result for 1.
Maximum Profit Yaster Gadgets manufactures and sells x smartphones per week. The weekly price-demand and cost equations are, respectively, p = 487 - 0.47 x and C(x) = 19,299 + 21 x. Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities. 1. How many phones should be produced each week? phones. Round to 2 decimal places. 2. What price should Jesaki charge for the phones? $ per phone. Round to the nearest cent. 3. What is the maximum weekly profit? $ Round to the nearest cent. per week. Enter the result for 1.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section: Chapter Questions
Problem 4PT
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