A division of Chapman Corporation manufactures a pager. The weekly fixed cost for the division is $20,000, and the variable cost for producing x pagers/week is dollars. The company realizes a revenue of dollars from the sale of x pagers/week.
Find the level of production that will yield a maximum profit for the manufacturer. (Hint: Use the quadratic formula.)
A) 1,316 pagers/week
B) 1,666 pagers/week
C) 1,616 pagers/week
D) 1,542 pagers/week

Question

A division of Chapman Corporation manufactures a pager. The weekly fixed cost for the division is $20,000, and the variable cost for producing x pagers/week is  dollars. The company realizes a revenue of  dollars from the sale of x pagers/week.
Find the level of production that will yield a maximum profit for the manufacturer. (Hint: Use the quadratic formula.)
A) 1,316 pagers/week 
B) 1,666 pagers/week 
C) 1,616 pagers/week 
D) 1,542 pagers/week

Quizplus · Accepted Answer

The Answer of A division of Chapman Corporation manufactures a pager. The weekly fixed cost for the division is $20,000, and the variable cost for producing x pagers/week is  dollars. The company realizes a revenue of  dollars from the sale of x pagers/week.
Find the level of production that will yield a maximum profit for the manufacturer. (Hint: Use the quadratic formula.)
A) 1,316 pagers/week 
B) 1,666 pagers/week 
C) 1,616 pagers/week 
D) 1,542 pagers/week

A Division of Chapman Corporation Manufactures a Pager