42. Demand Equation The price p and the quantity x sold of a certain product obey...
plz help with part e thank you Score: 0 of 1 pt 1 of 5 (0 co 3.4.5 The price p and the quantity x sold of a certain product obey the demand equation below. x4p+ 80, 0sps 20 (a) Express the revenue R as a function of x. (b) What is the revenue if 76 units are sold? (c) What quantity x maximizes revenue? What is the maximum revenue? (d) What price should the company charge to maximize revenue?...
5. The price Plin $) and the quantity x sold of a certain product obey the demand equation ( X -5p + 100 0s p s 20 ix) XP) A) Express the revenue R as a function of x: R(x) 8) What is the revenue if 15 units are sold C) What quantity x maximizes revenue? What is the maximum revenue? D) What price should the company charge to maximizes revenue
a. The price, p (in rands) and the quantity sold of Scientific calculators obey the demand equation, x = -40p + 700 where 0 <p s 30 Express the revenue R as a function of x. (3 Marks) b. What is the revenue if 50 lab coats are sold? (2 Marks) What quantity x maximises revenue? What is the maximum price? (4 Marks) d. What price should the company charge to maximise revenue? (2 Marks) e. What price should the...
14. What is domain of function f(x)=√x + x² The prica sold of a certain quantity ह produet obey the demandt equation. P= - - - - x +150 2 ay Find a model that express the revere a function of y. (R=xp) X maximizes revenue. R as b) who hat quantity
6. At a company, the price (p) and the units sold (x) is given byx-5p+ 100 0s p s 100. a. Express the revenue as a function of x. b. What quantity x maximizes revenue? What is the maximum revenue? (8) c. What price should the company charge to maximize revenue?
Homework: Section 2.6 Score: 0.14 of 1 pt 2.6.5 The price p (in dollars) and the quantity x sold of a certain product obey the demand equation x-5p+150 0<ps30 (a) Express the revenue R as a function of p R(p)-5p+150p (Simplitfy your answer. Use integers or fractions for any numbers in the expression.) b) What is the revenue if the price is $27? "the price is S27, the revenue is (Simplity your answer.)
If, in a monopoly market, the demand function for a product is p = 140 − 0.10x and the revenue function is R = px, where x is the number of units sold and p is the price per unit, what price will maximize revenue?
Part 2 A firm specializes in the production of a certain product X. The demand for its new brand of product X is given by: Q = 1,000 - 4Px. Assume that you are the manager of the firm and you must determine the best price to charge for the good. The marginal cost of producing product X is zero. 1. Determine the inverse demand equation of product X. 2. Determine the marginal revenue as function of the quantity demanded...
AmeriBabe manufactures and sells rubber baby buggy bumpers. The price-demand equation is: where p is the price (in dollars) at which z rubber baby buggy bumpers can be sold. a. What is the demand if the price is $2280? The demand isbumpers. p 2600-8x Preview b. The cost to produce x rubber baby buggy bumpers is given by C() 900680 and the new revenue function is R(z)(2600 8a) How many rubber baby buggy bumpers should be manufactured and sold to...
Find the price-demand function if the unit price of a product is $98.00, when the quantity demanded is 10 units, and the unit price is $68.00 when the quantity demanded is 20 units. ii) What is the unit price of this product for a demand of 25 units? iii) Using price-demand function p(x) =-x+38, and cost function C (x) =9x+100 find: a) The break-even points b) The range of demand that ensures a profit and loss is made. c) The...