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alee585

  • 3 years ago

A company has started selling a new type of smartphone at the price of $110-0.1x where x is the number of smartphones manufactured per day. the parts for each phone cost $50 and labor and overhead for running the plant cost $4000 per day. How many smartphones should the company manufacture and sell per day to maximize profit.?

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  1. alee585
    • 3 years ago
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    \[revenue= 110-.1x ?\]

  2. alee585
    • 3 years ago
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    and cost= 50x+4000 ?

  3. alee585
    • 3 years ago
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    is that right?

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