The cost, in dollars, to produce x vats of ice cream is C(x) = 4x...

70.2K

Verified Solution

Question

Basic Math

image

The cost, in dollars, to produce x vats of ice cream is C(x) = 4x + 7. When selling them to ice cream shops, the price-demand function, in dollars per vat, is p(x) = 84 - 2x.Find the revenue function. R(x) =Find the profit function. P(x) =How many vats of ice cream must be produced and sold in order to maximize profit?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students