Solve the problem.
-The financial department of a company that produces digital cameras arrived at the following price-demand
function and the corresponding revenue function: The function p(x) is the wholesale price per camera at which x million cameras can be sold and R(x) is the corresponding
revenue (in million dollars). Both functions have domain 1 15. They also found the cost function to be C(x) = 150
+ 15.1x (in million dollars) for manufacturing and selling x cameras. Find the profit function and determine the
approximate number of cameras, rounded to the nearest hundredths, that should be sold for maximum profit.

Question

Solve the problem.
-The financial department of a company that produces digital cameras arrived at the following price-demand
function and the corresponding revenue function:  The function p(x) is the wholesale price per camera at which x million cameras can be sold and R(x) is the corresponding
revenue (in million dollars). Both functions have domain 1  15. They also found the cost function to be C(x) = 150
+ 15.1x (in million dollars) for manufacturing and selling x cameras. Find the profit function and determine the
approximate number of cameras, rounded to the nearest hundredths, that should be sold for maximum profit.

Quizplus · Accepted Answer

The Answer of Solve the problem.
-The financial department of a company that produces digital cameras arrived at the following price-demand
function and the corresponding revenue function:  The function p(x) is the wholesale price per camera at which x million cameras can be sold and R(x) is the corresponding
revenue (in million dollars). Both functions have domain 1  15. They also found the cost function to be C(x) = 150
+ 15.1x (in million dollars) for manufacturing and selling x cameras. Find the profit function and determine the
approximate number of cameras, rounded to the nearest hundredths, that should be sold for maximum profit.

Solve the Problem. -The Financial Department of a Company That Produces Digital Cameras