A Manufacturer of Tennis Rackets Finds That the Total Cost

question 121

Short Answer

A manufacturer of tennis rackets finds that the total cost C(x) (in dollars) of manufacturing x rackets/day is given by Each racket can be sold at a price of p dollars, where p is related to x by the demand equation If all rackets that are manufactured can be sold, find the daily level of production that will yield a maximum profit for the manufacturer.
__________ rackets/day

---

Definitions:

Market Research

The process of gathering, analyzing, and interpreting information about a market, including about the potential customers and competitors.

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, traditionally categorized into product, price, place, and promotion.

Targeting Customers

The strategic process of identifying and reaching out to specific groups of consumers who are deemed most likely to purchase a company's products or services.