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(Solved): You run a company which makes and sells purses. Your accountant finds that your weekly demand functi ...



You run a company which makes and sells purses. Your accountant finds that your weekly demand function is given by p=?0.25x + 50, and your weekly cost function is given by C(x) = 11x + 1000, where x is the number of purses produced and sold. How many purses should you make and sell each week to maximize profit? How much should you charge in order to sell that amount? What will your weekly profit be inYou run a company which makes and sells purses. Your accountant finds that your weekly demand function is given by p=?0.25x + 50, and your weekly cost function is given by C(x) = 11x + 1000, where x is the number of purses produced and sold. How many purses should you make and sell each week to maximize profit? How much should you charge in order to sell that amount? What will your weekly profit be in



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