Mathematics, 20.04.2021 02:20 taviiii3993
The Acme Widget Company has found that if widgets are priced at $287, then 17000 will be sold each month. They have also found that for every increase of $13, there will be 370 fewer widgets sold each month. The cost to produce each widget is $63.14 plus the monthly fixed costs are $2400.
Find the price that will maximize profits from the sale of widgets(round to the nearest cent)
$
At this price, what is the maximal monthly profit? (round to the nearest cent)
$
How many widgets must be sold each month to earn the maximum profit? (round to the nearest whole number)
Answers: 3
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The Acme Widget Company has found that if widgets are priced at $287, then 17000 will be sold each m...
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