Posted by **Teetee (Please Help)** on Friday, November 9, 2012 at 6:13pm.

The quantity demanded each month of the Walter Serkin recording of Beethoven's Moonlight Sonata, manufactured by Phonola Record Industries, is related to the price/compact disc. The equation

p=-0.00051x+8 (0¡Üx¡Ü12,000)

where p denotes the unit price in dollars and x is the number of discs demanded, relates the demand to the price. The total monthly cost (in dollars) for pressing and packaging x copies of this classical recording is given by

C(x)=600+2x-0.00004x^2 (0¡Üx20,000)

To maximize its profits, how many copies should Phonola produce each month? Hint: The revenue is R(x) = px, and the profit is P(x) = R(x) - C(x). (Round your answer to the nearest whole number.)

? discs/month

## Answer This Question

## Related Questions

- Calculus - The quantity demanded each month of the Walter Serkin recording of ...
- Please explain (Math) - The demand equation for a certain brand of GPS Navigator...
- Math Please Help - The demand equation for a certain brand of GPS Navigator is x...
- Math Help - The demand equation for a certain brand of GPS Navigator is x + 3p...
- Math Help - The demand equation for a certain brand of GPS Navigator is x + 3p...
- Further calculus - 1) A price p (in dollars) and demand x for a product are ...
- Math - The quantity demanded each month of Russo Expresso Makers is 250 when the...
- Finite Math - The quantity demanded each month of russo Espresso Makers is 250 ...
- Finite Matematics - The quantity demanded x each month of Russo Espresso Makers ...
- Math - The quantity demanded each month of russo Espresso Makers is 250 when ...

More Related Questions