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9 June, 12:33

Solve P=R-C=XP-C

P=140-0.001x

C=40x/150,000

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  1. 9 June, 14:35
    0
    X=quantity soldunit Price, P=140-0.001xunit Cost, C=40x/150000total Revenue, R=xPProfit, Pr where

    Pr=R-C=xP-C=x (140-0.001x) - 40x/150000=140x-0.001x^2-40x/150000

    To maximize profit, Pr'=0140-0.002x-40/150000=>x=70,000 units
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