What is the maximum monthly profit

Assignment Help Business Management

Reference no: EM131269035

Maximum revenue and profit. A company manufactures and sells x e-book readers per month. The monthly cost and price demand equations are, respectively,

C(x) = 350x + 50,000

p = 500 - 0.025x 0<=x<=20,000

(A) Find the maximum revenue.

(B) How many readers should the company manufacture each month to maximize its profit? What is the maximum monthly profit? How much should the company charge for each reader?

(C) If the government decides to tax the company $20 for each reader it produces, how many readers should the company manufacture each month to maximize its profit? What is the maximum monthly profit? How much should the company charge for each reader?

Reference no: EM131269035

Questions Cloud

Find the average power delivered to each element : Find the total number of watts, volt-amperes reactive, and volt-amperes, and the power factor Fp of the circuit.

Capital contribution to the partnership : Fay was admitted to Global Associates, an existing general partnership on January 2014. In August 2014, a partnership debt that was incurred in October 2013 came due. Fay is:

Does the organizational culture inspire behaviors : Does the organizational culture inspire behaviors that support the strategy? Are the mission, vision, and values clearly articulated and aligned with the strategy? What new behaviors are needed?

Top management support : Rate Walmarts diversity efforts in each of the following categories 1) Top Management Support; 2) Employee Support; 3) Recruitment and Hiring; 4) Identifying and developing talent; 5) Ensuring fair treatment; 6) Holding managers accountable; an..

What is the maximum monthly profit : How many readers should the company manufacture each month to maximize its profit? - What is the maximum monthly profit?

Find the average power delivered to the system : An electrical system is rated 5 kVA, 120 V, at a 0.8 lagging power factor.

Find the average power delivered to the system : Determine the impedance of the system in rectangular coordinates.

When differences between average or actual results important : When are differences (between one time period and another, between different production lines, etc.) between average or actual results important?

User Account

All Pages