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The Marketing Department of a Company Estimates That the Demand p=1800.0001x,p = 180 - 0.0001 x,

Question 37

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The marketing department of a company estimates that the demand for a product is given by p=1800.0001x,p = 180 - 0.0001 x, where pp is the price per unit and xx is the number of units. The cost CC of producing xx units is given by C=450,000+50x,C = 450,000 + 50 x, and the profit PP for producing and selling xx units is given by P=RC=xpC.P = R - C = x p - C. Sketch the graph of the profit function and estimate the number of units that would produce a maximum profit.


A) 690,000 units
B) 650,000 units
C) 610,000 units
D) 710,000 units
E) 580,000 units

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