Suppose the revenue R in thousands of dollars that a company receives from producing x thousand .compact disc players is given by the formula R(x) = x(40 - 2x). a. Evaluate R(2) and interpret the result. b. How many CD players should the company produce to maximize its revenue? c. What is the maximum revenue?

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter4: Calculating The Derivative
Section4.1: Techniques For Finding Derivatives
Problem 64E: Dogs Human Age From the data printed in the following table from the Minneapolis Star Tribune on...
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Suppose the revenue R in thousands of dollars that a company receives from
producing x thousand compact disc players is given by the formula R(x) = x(40- 2x).
a. Evaluate R(2) 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 R(2).
R(2) =
Interpret the result. Choose the correct answer below.
O The company gives $72,000 for purchasing 2000 CD players.
O The company receives $72,000 for producing 2000 CD players.
b. The company should produce
CD players to maximize its revenue.
c. The maximum revenue is $
Time Re
Transcribed Image Text:Next questior Suppose the revenue R in thousands of dollars that a company receives from producing x thousand compact disc players is given by the formula R(x) = x(40- 2x). a. Evaluate R(2) 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 R(2). R(2) = Interpret the result. Choose the correct answer below. O The company gives $72,000 for purchasing 2000 CD players. O The company receives $72,000 for producing 2000 CD players. b. The company should produce CD players to maximize its revenue. c. The maximum revenue is $ Time Re
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