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A Manufacturer Can Produce Toasters at a Cost of $7 2,000e0.2x2,000 e ^ { - 0.2 x }

Question 163

Multiple Choice

A manufacturer can produce toasters at a cost of $7 apiece and estimates that if they are sold for x dollars apiece, consumers will buy approximately 2,000e0.2x2,000 e ^ { - 0.2 x } toasters per week. At what price should the toasters be sold in order to maximize profit?


A) $12
B) $14
C) $18
D) $22

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