Raggs Ltd a clothing firm determines that in order to sell x

Last updated: 4/4/2023

Raggs Ltd a clothing firm determines that in order to sell x suits the price per suit must be p 160 0 75x It also determines that the total cost of producing x suits is given by C x 2500 0 5x a Find the total revenue R x b Find the total profit P x c How many suits must the company produce and sell in order to maximize profit d What is the maximum profit e What price per suit must be charged in order to maximize profit a R x b P x c suits d The maximum profit is per unit must be