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Mathematics Clinic => Calculus => Topic started by: Charlie on Dec 18, 2021

Title: Suppose a business can sell x gadgets for p = 250 - 0.01x dollars apiece, and it costs the business ...
Post by: Charlie on Dec 18, 2021

Suppose a business can sell x gadgets for p = 250 - 0.01x dollars apiece, and it costs the business dollars to produce the x gadgets. Determine the production level and cost per gadget required to maximize profit.
◦ 111 gadgets at $248.89 each
◦ 11,250 gadgets at $137.50 each
◦ 10,000 gadgets at $150.00 each
◦ 13,750 gadgets at $112.50 each

Title: Suppose a business can sell x gadgets for p = 250 - 0.01x dollars apiece, and it costs the business ...
Post by: catron30 on Dec 18, 2021

11,250 gadgets at $137.50 each