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Mathematics

22 January, 08:59

An electronics store chain sells headphones. The company is about to introduce a new headphone model that is expected to sell very well

across its various stores. These are the projected revenue and cost functions for the headphones:

R (x) = - 210x2 + 6,970x

C (x) = - 170x + 39,690

Which two statements are true?

The maximum profit is $57,834.

The maximum profit is $21,000.

O

A selling price of $27 results in the maximum profit.

A selling price of $17 results in the maximum profit.

A selling price of $16.60 results in the maximum profit.