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QUESTION
To sell x waterproof CD alarm clocks, WaterTime LLC has determined that the price in dollars must be, which is the demand equation. Each clock costs $2 to produce, with fixed costs of $4,000 per month
To sell x waterproof CD alarm clocks, WaterTime LLC has determined that the price in dollars must be, which is the demand equation. Each clock costs $2 to produce, with fixed costs of $4,000 per month, producing the cost function of C(x)=2x+4,000.
Find the value of x (alarm clocks) that maximize profit.
