Question 1
The annual revenue and cost functions for a manufacturer of grandfather clocks are approximately
and
, where x denotes the number of clocks made. What is the maximum annual profit?
◦ $1,520,000
◦ $1,820,000
◦ $1,720,000
◦ $1,620,000
Question 2
The annual revenue and cost functions for a manufacturer of precision gauges are approximately
and
where x denotes the number of gauges made. What is the maximum annual profit?
◦ $1,203,333
◦ $1,403,333
◦ $1,103,333
◦ $1,303,333