Posted by **chris** on Thursday, November 4, 2010 at 10:26pm.

a computer company can sell 1000 computers if they price them at $500. The number sold will increase by 10 for every 1$ decrease in the price. The company has fixed cost of $100,000, and each computer costs $300 to produce. Find the price that will maximize the company's profit. How many computers will sell at this price?

- math -
**Reiny**, Thursday, November 4, 2010 at 10:45pm
let the number of $1 decreases be n

number sold = 1000 + 10n

price of each = 500 - n

profit = (1000 + 10n)(500-n) - 300(1000+10n) - 100000

expand this mess, differentiate it , then set that equal to zero

- inter alegbra -
**linda**, Sunday, November 14, 2010 at 12:37am
$102.00

## Answer this Question

## Related Questions

- inter Alegbra - A start up computer company can sell 1000 computers if they ...
- inter Alegbra - A startup company can sell 1000 computers if they price them at...
- COLLEAGE ALEGEBRA - QUES # 1 a STARTUP COMPUTER CAN SELL 1000 COMPUTERS IF THEY ...
- Math - The fixed cost is $500,000 and the variable cost is $.50 per cd. The ...
- math - The total cost C(q) of producing q goods is given by the following ...
- College Algebra - A company is planning to produce and sell a new line of tvs. ...
- Accounting: Break even point - How much profit increase for every unity sold ...
- Math - Please show me how to set it up and to solve: A cell phone company sells ...
- Math - A shoe company will make a new type of running shoe. The fixed cost for ...
- MICROeconomics - Monopoly - Please check my answers and correct them. Domestic ...

More Related Questions