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.)
__________ pagers/week
Correct Answer:
Verified
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