Morgan Ramirez
12/28/2023 · Elementary School
Ex. 1. A company manufactures and sales \( X \) units of radio transistor per week. If the weekly cost and demand equations are: \[ C(X)=5,000+2 x \] \[ P(X)=10-\frac{x}{1,000} \quad P \text { is price } \quad[0,8000] \] or each week find:- 1) The production level that leads to maximum revenue and the maximum revenue. 2) The production levels that leads to maximum profit and the maximum profit. 3) The production level that leads to minimum cost and the minimum cost.
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- **Maximum Revenue:** 5,000 units/week, \$25,000
- **Maximum Profit:** 4,000 units/week, \$11,000
- **Minimum Cost:** 0 units/week, \$5,000
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