The quantity demanded each month of the Walter Serkin recording of Beethoven's Moonlight Sonata, manufactured by Phonola Record Industries, is related to the price/compact disc. The equation , where denotes the unit price in dollars and is the number of discs demanded, relates the demand to the price.

The total monthly cost (in dollars) for pressing and packaging copies of this classical recording is given by .

To maximize its profits, how many copies should Phonola produce each month?

Question

The quantity demanded each month of the Walter Serkin recording of Beethoven's Moonlight Sonata, manufactured by Phonola Record Industries, is related to the price/compact disc. The equation   , where  denotes the unit price in dollars and  is the number of discs demanded, relates the demand to the price.
​
The total monthly cost (in dollars) for pressing and packaging  copies of this classical recording is given by   .
​
To maximize its profits, how many copies should Phonola produce each month?

Quizplus · Accepted Answer

The Answer of The quantity demanded each month of the Walter Serkin recording of Beethoven's Moonlight Sonata, manufactured by Phonola Record Industries, is related to the price/compact disc. The equation   , where  denotes the unit price in dollars and  is the number of discs demanded, relates the demand to the price.
​
The total monthly cost (in dollars) for pressing and packaging  copies of this classical recording is given by   .
​
To maximize its profits, how many copies should Phonola produce each month?

The Quantity Demanded Each Month of the Walter Serkin Recording