The manufacturer can sell q units per week if the unit price p=68-2q. The manufacturer’s weekly cost is given by the function c(q): 50+20q. – How many units q do the manufacturer need to see to maximize the revenue(R= Price x Quantity) – How many units do the manufacturer need to maximize the weekly profit (P= Revenue-Cost) – What is the weekly profit
The manufacturer can sell q units per week if the unit price p=68-2q. The manufacturer’s weekly cost is given by
the function c(q): 50+20q.
– How many units q do the manufacturer need to see to maximize the revenue(R= Price x Quantity)
– How many units do the manufacturer need to maximize the weekly profit (P= Revenue-Cost)
– What is the weekly profit
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