Mathematics, 12.02.2021 14:00, organicmemez

An electronics store chain sells headphones. The company is about to introduce a new headphone model that is expected to sell very well across its various stores. These are the projected revenue and cost functions for the headphones: R(x) = -210x2 + 6,970x
C(x) = -170x + 39,690

Which two statements are true?

The maximum profit is $57,834.
The maximum profit is $21,000.
A selling price of $27 results in the maximum profit.
A selling price of $17 results in the maximum profit.
A selling price of $16.60 results in the maximum profit.

Answers: 2

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An electronics store chain sells headphones. The company is about to introduce a new headphone model...