Order Your Paper From the most reliable Essay writing Service. 

.

 



Question: A company manufactures and sells x smart phones per month. The monthly cost and price demand equa...

Show transcribed image text A company manufactures and sells x smart phones per month. The monthly cost and price demand equations are C(x) = 74,000 x and p(x) = 300 – x/30, 0 lessthanorequalto x lessthanorequalto 9000. The movement decides to tax the company $4 each phone it produces, A) Find the profit function. B) Find the production level that will realize the maximum profit and the maximum profit. You must correctly apply a derivative test to demonstrate that the value you obtained is maximum profit. NO CREDIT FOR CORRECT VALUE WITHOUT APPROPRIATE APPLICATION OF A DERIVATIVE TEST c) Find the price the company should change for each smart phone. d) The maximum profit WITHOUT the tax was $433,000 and the phones sold for $170,00. How did the affect the company and how did it affect the consumer?

A company manufactures and sells x smart phones per month. The monthly cost and price demand equations are C(x) = 74,000 x and p(x) = 300 – x/30, 0 lessthanorequalto x lessthanorequalto 9000. The movement decides to tax the company $4 each phone it produces, A) Find the profit function. B) Find the production level that will realize the maximum profit and the maximum profit. You must correctly apply a derivative test to demonstrate that the value you obtained is maximum profit. NO CREDIT FOR CORRECT VALUE WITHOUT APPROPRIATE APPLICATION OF A DERIVATIVE TEST c) Find the price the company should change for each smart phone. d) The maximum profit WITHOUT the tax was $433,000 and the phones sold for $170,00. How did the affect the company and how did it affect the consumer?