Question
Suppose the revenue
in thousands of dollars that a company receives from producing
thousand compact disc players is given by the formula
.
a. Evaluate
and interpret the result.
b. How many CD players should the company produce to maximize its revenue?
c. What is the maximum revenue?
a. Evaluate
.
Interpret the result. Choose the correct answer below.
The company receives
for producing 3000 CD players.
The company gives
for purchasing 3000 CD players.
a. Evaluate
b. How many CD players should the company produce to maximize its revenue?
c. What is the maximum revenue?
a. Evaluate
Interpret the result. Choose the correct answer below.
The company receives
The company gives
Ask by Riley Dawson. in the United States
Mar 14,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
a. When the company produces 3000 CD players, it earns $105,000.
b. To maximize revenue, the company should produce 5000 CD players.
c. The maximum revenue is $125,000.
Solution

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Mind Expander
The company receives
for producing 3000 CD players. This means that at this level of production, the revenue generated from selling compact disc players amounts to that specific dollar figure, reflecting the sales success for that volume of output.
To maximize revenue, the company should produce
thousand compact disc players (or 5000 CD players). This quantity is identified as the vertex of the revenue function, ensuring that production aligns with peak sales potential and optimal revenue generation.