Question: MAXIMIZING PROFIT The quantity demanded each month of the Walter Serkin recording of Beethoven's Moonlight Sonata, manufactured by Phonola Record Industries, is related to the price/compact disc. The equation
p = -0.00042x + 6 (0 ≤ x ≤ 12,000)
Where p denotes the unit price in dollars and x is the number of discs demanded, relates the demand to the price. The total monthly cost (in dollars) for pressing and packaging x copies of this classical recording is given by
C(x) = 600 + 2x - 0.00002x2 (0 ≤ x ≤ 20,000)
To maximize its profits, how many copies should Phonola produce each month?