Essay
Solve the problem.
-The financial department of a company that produces digital cameras arrived at the following price-demand
function and the corresponding revenue function: The function p(x) is the wholesale price per camera at which x million cameras can be sold and R(x) is the corresponding
revenue (in million dollars). Both functions have domain 1 15. They also found the cost function to be C(x) = 150
+ 15.1x (in million dollars) for manufacturing and selling x cameras. Find the profit function and determine the
approximate number of cameras, rounded to the nearest hundredths, that should be sold for maximum profit.
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