Mathematics Homework Help
Mathematics Homework Help. The monthly revenue R achieved by selling x wristwatches is figured to be R(x)=90x-0.2x^2.
The monthly revenue R achieved by selling x wristwatches is figured to be R(x)=90x-0.2x^2. The monthly cost C of selling x wristwatches is C(x)=26x+1750.
A. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?
B. Profit is given as P(x)=R(x)-C(x). What is the profit function?
C. How many wristwatches must the firm sell to maximize profit? What is the maximum profit?
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