Question

A radio manufacturer charges $90 per unit for units that cost $60 to produce. To encourage...

A radio manufacturer charges $90 per unit for units that cost $60 to produce. To encourage large orders from distributors, the manufacturer will reduce the price by $0.01 per unit for each unit in excess of 100 units. (For example, an order of 101 units would have a price of $89.99 per unit, and an order of 102 units would have a price of $89.98 per unit.) This price reduction is discontinued when the price per unit drops to $75. (a) Express the price per unit p as a function of the order size x. (b) Express the profit P as a function of the order size x.

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