Pregunta
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A company manufactures and sells television sets per month. The monthly cost and price-demand
equations are and .
(A) Find the maximum revenue.
(B) Find the maximum profit, the production level that will realize the maximum profit, and the price the
company should charge for each television set.
(A) The maximum revenue is
(Type an integer or a decimal.)
(B) The maximum profit is when sets are manufactured and sold for each
(Type integers or decimals.)

Ask by Carroll Schneider. in the United States
Mar 24,2025

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(A) Maximum Revenue: $300,000
(B) Maximum Profit: $51,750 when 1,950 sets are sold at $135 each.

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Extra Insights

To solve for the maximum revenue and maximum profit in the given scenario, we start with the revenue and profit equations.
(A) Maximum Revenue
The revenue is given by the product of the price per set and the number of sets sold :
To find the maximum revenue, we take the derivative of and set it to zero:
Setting :
Now, we substitute back into the revenue equation:
Thus, the maximum revenue is .
(B) Maximum Profit
The profit is given by the revenue minus the cost:
Taking the derivative of and setting it to zero gives:
Setting :
Now substituting back into the profit equation:
Calculating:
Thus, the maximum profit is .
The price charged per television set is then:
In conclusion:
(A) The maximum revenue is
(B) The maximum profit is when sets are manufactured and sold for each.

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