A company has started selling a new type of smartphone at the price of $110 - 0.1 x where x is the number of smartphones manufactured per day. The parts for each smartphone cost $60 and the labor and overhead for running the plant cost $4000 per day. How many smartphones should the company manufacture and sell per day to maximize profit?

Elementary Geometry For College Students, 7e
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ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.5: More Area Relationships In The Circle
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A company has started selling a new type of smartphone at the price of $110 - 0.1 x where x is the number of smartphones
manufactured per day. The parts for each smartphone cost $60 and the labor and overhead for running the plant cost $4000 per
day. How many smartphones should the company manufacture and sell per day to maximize profit?
Transcribed Image Text:A company has started selling a new type of smartphone at the price of $110 - 0.1 x where x is the number of smartphones manufactured per day. The parts for each smartphone cost $60 and the labor and overhead for running the plant cost $4000 per day. How many smartphones should the company manufacture and sell per day to maximize profit?
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