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11) A company manufactures and sells x e-book readers per month. The monthly cost and price-demand...

11) A company manufactures and sells x e-book readers per month. The monthly cost and price-demand equations are : ?(?)=350?+50,000 ????=500―0.025??ℎ??? 0≤?≤20,000A) Find the maximum revenue (Remember: ) What is the maximum monthly profit? How much should the company charge for each reader? (Remember: B)_____________________________?(?)=?(?)―?(?))

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Answer #1

Maximum Revenue = 2,500,000

Maximum monthly profit = 175,000

Price the company should charge each reader = 425 per unit

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