The monthly revenue R achieved by selling x wristwatches is

Last updated: 10/5/2023

The monthly revenue R achieved by selling x wristwatches is figured to be R x 71x 0 2x The monthly cost C of selling x wristwatches is C x 30x 1750 a How many wristwatches must the firm sell to maximize revenue What is the maximum revenue b Profit is given as P x R x C x What is the profit function c How many wristwatches must the firm sell to maximize profit What is the maximum profit d Provide a reasonable explanation as to why the answers found in parts a and c differ Explain why a quadratic function is a reasonable model for reventa a The firm must sell wristwatches to maximize revenue Round to the nearest integer as needed The maximum revenue is Round to two decimal places as needed