A Division of Chapman Corporation Manufactures a Pager

question 113

Multiple Choice

A division of Chapman Corporation manufactures a pager. The weekly fixed cost for the division is $20,000, and the variable cost for producing x pagers/week is dollars. The company realizes a revenue of dollars from the sale of x pagers/week.
Find the level of production that will yield a maximum profit for the manufacturer. (Hint: Use the quadratic formula.)

• A) 1,316 pagers/week
• B) 1,666 pagers/week
• C) 1,616 pagers/week
• D) 1,542 pagers/week

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Definitions:

Symmetrical

Refers to a balanced shape on either side of a central axis, where both halves of a dataset or object are mirror images of each other.

Abortion

The termination of a pregnancy before the fetus can live independently; can be induced or spontaneous.

Unimodal

Describing a distribution with a single peak or mode, indicating the most frequently occurring value in the dataset.

Symmetrical

Having balanced proportions or identical forms on both sides of a dividing line or plane.