If each calculator is priced at
, find a daily revenue function, , which calculates the income for calculators sold.
Find the profit function,
, which calculates the profit per day when x calculators are produced and each later sold for .
Profit is the difference between revenue and cost of product.
Find the daily production that will maximize the profit.
Optimize your profit function. We are looking for an
What is the maximum daily profit?
value that corresponds to your answer in part (c).