The revenue function is .
Monthly selling cost function is .
(a).
\How many wrist watches have to sell for maximum revenue.
\The revunue is .
The general form of quadratic equation is .
Compare the two equations ,
.
Vertex is .
Axis of symmetry .
The maximum revenue is obtained when there are watches are sold out.
Therefore,the maximum revenue :
\The maximum revenue is dollars.
(b).
\The profit function is .
Substitute and
.
The profit function is .
(c).
\How many watches to sell to maximum profit.
\The profit function is .
The general form of quadratic equation is .
Consider the two equations ,
and
Vertex is
Axis of symmetry .
watches need to sold out to get maximum profit.
The maximum profit :
\The maximum profit is dollars.
(a)To obtain maximum revenue,the shop keeper must sell watches and the maximum revenue is
dollars.
(b) The profit function is
(c).To obtain maximum profit ,the shop keeper must sell watches. and the maximum profit is
dollars.