Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / A company manufactures and sells x cameras per week

A company manufactures and sells x cameras per week

Economics

A company manufactures and sells x cameras per week. The weekly price-demand and cost equations are, respectively,

p = 400 − 0.5 x

C ( x ) = 2 , 000 + 200 x

What price should the company charge for the cameras, and how many cameras should be produced to maximize the weekly revenue? What is the maximum revenue?

Option 1

Low Cost Option
Download this past answer in few clicks

2.89 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE