Website Profit The latest demand equation for your gaming website, www.mudbeast.net, is given by q = -200x + 1000 where g is the number of users who log on per month and x is the log-on fee you charge. Your Internet provider bills you as follows. Site maintenance fee: $30 per month High-volume access fee: $0.40 per log-on Find the monthly cost as a function of the log-on fee x. = (x) Find the monthly profit as a function of x. P(x) = Determine the log-on fee you should charge (in dollars) to obtain the largest possible monthly profit. x = $ per log-on What is the largest possible monthly profit (in dollars)?
Website Profit The latest demand equation for your gaming website, www.mudbeast.net, is given by q = -200x + 1000 where g is the number of users who log on per month and x is the log-on fee you charge. Your Internet provider bills you as follows. Site maintenance fee: $30 per month High-volume access fee: $0.40 per log-on Find the monthly cost as a function of the log-on fee x. = (x) Find the monthly profit as a function of x. P(x) = Determine the log-on fee you should charge (in dollars) to obtain the largest possible monthly profit. x = $ per log-on What is the largest possible monthly profit (in dollars)?
Chapter14: Monopolistic Competition And Product Differentiation
Section: Chapter Questions
Problem 15P
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