The monthly demand function for x units of a product sold by a monopoly is dollars per unit, and its average cost is dollars. If production is limited to 111 units, find the number of units that maximizes profit. (Note: )
A) 40 units
B) 111 units
C) 107 units
D) 11 units
E) 54 units

Question

The monthly demand function for x units of a product sold by a monopoly is  dollars per unit, and its average cost is  dollars. If production is limited to 111 units, find the number of units that maximizes profit. (​Note: ​  ) ​​
A) 40 units 
B) 111 units 
C) 107 units 
D) 11 units 
E) 54 units

Quizplus · Accepted Answer

The Answer of The monthly demand function for x units of a product sold by a monopoly is  dollars per unit, and its average cost is  dollars. If production is limited to 111 units, find the number of units that maximizes profit. (​Note: ​  ) ​​
A) 40 units 
B) 111 units 
C) 107 units 
D) 11 units 
E) 54 units

The Monthly Demand Function for X Units of a Product