Davison Campos
05/20/2024 · Elementary School
Prompt \#3: The price-demand and cost functions for the production of a cell phone are \[ p=1800-\frac{x}{1000} \] and \[ C(x)=450000+90 x \] where \( x \) is the number of cell phones that can be sold at a price of \( p \) dollars per unit and \( C(x) \) is the total cost (in dollars) of producing \( x \) units. Question \#3(b): Determine the profit function \( P(x) \)
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The profit function is \( P(x) = 1710x - \frac{x^2}{1000} - 450000 \).
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