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A company manufactures and sells x cameras per week. The weekly price-demand and cost equations are, respectively, p = 400 -0.5x C(x) = 2,000+200x What price should the company charge for the cameras, and how many cameras should be produced to maximize the weekly revenue? What is the maximum weekly revenue?

A company manufactures and sells x cameras per week. The weekly price-demand and cost equations are, respectively, p = 400 -0.5x C(x) = 2,000+200x What price should the company charge for the cameras, and how many cameras should be produced to maximize the weekly revenue? What is the maximum weekly revenue?

College Algebra
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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A company manufactures and sells x cameras per week. The weekly price-demand and cost equations are, respectively, p = 400 -0.5x C(x) = 2,000+200x What price should the company charge for the cameras, and how many cameras should be produced to maximize the weekly revenue? What is the maximum weekly revenue?
Transcribed Image Text:A company manufactures and sells x cameras per week. The weekly price-demand and cost equations are, respectively, p = 400 -0.5x C(x) = 2,000+200x What price should the company charge for the cameras, and how many cameras should be produced to maximize the weekly revenue? What is the maximum weekly revenue?
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