NotesAsk Your Teacher The latest demand equation for your gaming website, www.mudbeast.net, is given by q = −500x + 1100 where q is the number of users who log on per month and x is the log-on fee you...



NotesAsk Your Teacher





The latest demand equation for your gaming website, www.mudbeast.net, is given by

q = −500x + 1100


where
q
is the number of users who log on per month and
x
is the log-on fee you charge. Your Internet provider bills you as follows:












Site maintenance fee:$20 per month
High-volume access fee:$0.50 per log-on


Find the monthly cost as a function of the log-on fee
x.










C(x) =







Find the monthly profit as a function of
x.










P(x) =







Determine the log-on fee you should charge to obtain the largest possible monthly profit.


x
= $ per log-on



What is the largest possible monthly profit?

$




Jun 04, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here