Elements Of Electromagnetics
Elements Of Electromagnetics
7th Edition
ISBN: 9780190698614
Author: Sadiku, Matthew N. O.
Publisher: Oxford University Press
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1. An engineering manufacturing company has established that the
relationship between the quantity sold per month (D) and the sales
price (p) for one of its products is approximately, (6780-5
units. The fixed cost is $1000 per month and the unit variable
cost is $550 per unit produced.
a. What is the maximum total revenue per month? Prove it is a
maximum.
b. What is the maximum profit per month? Prove it is maximum.
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Transcribed Image Text:1. An engineering manufacturing company has established that the relationship between the quantity sold per month (D) and the sales price (p) for one of its products is approximately, (6780-5 units. The fixed cost is $1000 per month and the unit variable cost is $550 per unit produced. a. What is the maximum total revenue per month? Prove it is a maximum. b. What is the maximum profit per month? Prove it is maximum.
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