A company manufactures and sells x cameras per week. The weekly price-demand and cost equations are, respectively, p = 400 -0.5x C(x) = 2,000+200x What price should the company charge for the cameras, and how many cameras should be produced to maximize the weekly revenue? What is the maximum weekly revenue?
A company manufactures and sells x cameras per week. The weekly price-demand and cost equations are, respectively, p = 400 -0.5x C(x) = 2,000+200x What price should the company charge for the cameras, and how many cameras should be produced to maximize the weekly revenue? What is the maximum weekly revenue?
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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I keep asking for help for the same equation and only receive partial. Please answer each section of the below equation and No handwritten responses, I need additional assistance with the bolded part of the equation by providing a step-by-step breakdown in laymens terms for the attached math problem.
p=400-0.5x
C(x)=2000+200x
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