Riverside Appliances is marketing a new refrigerator.It determines that
in order to sell x refrigerators, the price per refrigerator must be
= 280 − 0.4
It also determines that the total cost of producing x refrigerators is
given by
() = 5000 + 0.6
2
a) Find the total revenue, ()
b) Find the total profit, ().
c) How many refrigerators must the company produce and sell in
order to maximize profit?
d) What is the maximum profit?
e) What price per refrigerator must be charged in order to maximize
profit?