Maximum Profit Yaster Gadgets manufactures and sells smartphones per week. The weekly price-demand and cost equations are, respectively, p = 489 -0.41 x and C(x) = 19,815 + 21 x. Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities. 1. How many phones should be produced each week? decimal places. 2. What price should Jesaki charge for the phones? $ nearest cent. 3. What is the maximum weekly profit? $ Enter the result for 3. phones. Round to 2 per phone. Round to the per week. Round to the nearest cent.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Maximum Profit
Yaster Gadgets manufactures and sells smartphones per week. The weekly price-demand
and cost equations are, respectively,
p = 489 -0.41 x and C(x) = 19,815 + 21 x.
Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities.
1. How many phones should be produced each week?
decimal places.
2. What price should Jesaki charge for the phones? $
nearest cent.
3. What is the maximum weekly profit? $
Enter the result for 3.
phones. Round to 2
per phone. Round to the
per week. Round to the nearest cent.
Transcribed Image Text:Maximum Profit Yaster Gadgets manufactures and sells smartphones per week. The weekly price-demand and cost equations are, respectively, p = 489 -0.41 x and C(x) = 19,815 + 21 x. Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities. 1. How many phones should be produced each week? decimal places. 2. What price should Jesaki charge for the phones? $ nearest cent. 3. What is the maximum weekly profit? $ Enter the result for 3. phones. Round to 2 per phone. Round to the per week. Round to the nearest cent.
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