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Question

3.

A company's market research department recommends the manufacture and marketing of a new headphone set for iPhone.

After suitable test marketing, the research department presents the following demand function...

p = 66 - 2q

The financial department provides the cost function below...

C(q) = 82 + 18q   

where $82 is the estimate of fixed costs (tooling and overhead) and $18 is the estimate of marginal costs per headphone set (materials, labor, marketing, transportation, storage, etc.).

Find ​the​ maximum​ profit.

(Round your answer to 2 decimal places, if necessary)

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Subject: Calculus, Math
A company's market research department recommends the manufacture and marketing of a new headphone set for iPhone. After suitable test marketing,...
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