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A Manufacturer Can Produce Radios at a Cost of $10 200e0.2x200 e ^ { - 0.2 x }

Question 178

Multiple Choice

A manufacturer can produce radios at a cost of $10 apiece and estimates that if they are sold for x dollars apiece, consumers will buy approximately 200e0.2x200 e ^ { - 0.2 x } radios per month. The price at which the manufacturer should sell the radios to maximize the profit is


A) $10
B) $15
C) $18
D) $20

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