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Find the number of units x that produces...
A company produces x units of product A and y units of product B (both in...
A company produces x units of product A and y units of product B (both in hundreds per month). The monthly profit equation (in thousands of dollars) is given by the following: P(x,y) = -4x^2 + 4xy - 3y^2 + 4x + 10y +81 Find P: (x,y) and evaluate P,(1,3). Use formulas to get an exact answer! Px(x,y) = Px(1,3) = What does this value mean? Answer in this textbox. Answer: What is the critical point of P(x,y)? What are...
Find the marginal profit function if cost and revenue are given by C(x) = 255 +0.8x...
Find the marginal profit function if cost and revenue are given by C(x) = 255 +0.8x and R(x) = 7x -0.02x2. P'(x)=0
For the cost and price functions below, find a) the number, 9. of units that produces...
For the cost and price functions below, find a) the number, 9. of units that produces maximum profit; b) the price,p.per unit that produces maximum profit, and c) the maximum proft, P. C(q) = 90 + 170: p=61-29 a) The number, q, of units that produces maximum profit is q=0 b) The price,p.per unit that produces maximum profit is pus c) The maximum profis- After a great deal of experimentation, two college ir physics majors determined that when a bottle...
Find the maximum profit and the number of units that must be produced and sold in...
Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), of producing x units are in dollars. R(x) = 50x-0.5x2, C(x) = 4x + 15 In order to yield the maximum profit of $ units must be produced and sold. (Simplify your answers. Round to the nearest cent as needed.)
The monthly revenue Rachieved by seling x wristwatches is figured to be R(x) = 79x -...
The monthly revenue Rachieved by seling x wristwatches is figured to be R(x) = 79x - 0.2x”The monthly cost of selling x wristwatches is C(x) = 2x + 1700 (a) How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue? (b) Profit is given as P(x) = R(x) - CIX). What is the profit function? (c) How many wristwatches must the firm sell to maximize profit? What is the maximum profit? (d) Provide a reasonable...
Given the cost function, C(x), and the revenue function, R(x), find the number of units x...
Given the cost function, C(x), and the revenue function, R(x), find the number of units x that must be sold to break even. C(x) = 81x + 1750 R(x) = 106x
A firm produces a product that has the production cost function C(x)equals=220220xplus+81958195 and the revenue function...
A firm produces a product that has the production cost function C(x)equals=220220xplus+81958195 and the revenue function R(x)equals=275275x. No more than 162162 units can be sold. Find and analyze the break-even quantity, then find the profit function.
5 -11 points v LARCAAPCALC2 9.2.004. Find the number of units x that produces a maximum...
5 -11 points v LARCAAPCALC2 9.2.004. Find the number of units x that produces a maximum revenue R in the given equation. R = 27x2/3 – 2x x = units Need Help? Watch It Talk to a Tutor Additional Materials eBook Submit Answer Practice Another Version
Given the cost function C(x) and the revenue function R(x), find the number of the units...
Given the cost function C(x) and the revenue function R(x), find the number of the units x that must be sold to break even. C(x)=1.4+4800 and R(x)=1.7x How many units must be produced and sold in order to break even?
Total revenue is in dollars and x is the number of units. time left... 7:43:29 Suppose...
Total revenue is in dollars and x is the number of units. time left... 7:43:29 Suppose that the total revenue function for a commodity is R = 64x - 0.02x2. (a) Find R(100) $ Tell what it represents. The revenue increases by about this amount when the number of units is increased from 100 to 101. 100 units produce this amount of revenue. 101 units produce this amount of revenue. The actual revenue of the 100th unit is this amount....
A company produces x units of product A and y units of product B (both in hundreds per month). The monthly profit equation (in thousands of dollars) is given by the following: P(x,y) = -4x^2 + 4xy - 3y^2 + 4x + 10y +81 Find P: (x,y) and evaluate P,(1,3). Use formulas to get an exact answer! Px(x,y) = Px(1,3) = What does this value mean? Answer in this textbox. Answer: What is the critical point of P(x,y)? What are...
Find the marginal profit function if cost and revenue are given by C(x) = 255 +0.8x and R(x) = 7x -0.02x2. P'(x)=0
For the cost and price functions below, find a) the number, 9. of units that produces maximum profit; b) the price,p.per unit that produces maximum profit, and c) the maximum proft, P. C(q) = 90 + 170: p=61-29 a) The number, q, of units that produces maximum profit is q=0 b) The price,p.per unit that produces maximum profit is pus c) The maximum profis- After a great deal of experimentation, two college ir physics majors determined that when a bottle...
Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), of producing x units are in dollars. R(x) = 50x-0.5x2, C(x) = 4x + 15 In order to yield the maximum profit of $ units must be produced and sold. (Simplify your answers. Round to the nearest cent as needed.)
The monthly revenue Rachieved by seling x wristwatches is figured to be R(x) = 79x - 0.2x”The monthly cost of selling x wristwatches is C(x) = 2x + 1700 (a) How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue? (b) Profit is given as P(x) = R(x) - CIX). What is the profit function? (c) How many wristwatches must the firm sell to maximize profit? What is the maximum profit? (d) Provide a reasonable...
5 -11 points v LARCAAPCALC2 9.2.004. Find the number of units x that produces a maximum revenue R in the given equation. R = 27x2/3 – 2x x = units Need Help? Watch It Talk to a Tutor Additional Materials eBook Submit Answer Practice Another Version
Total revenue is in dollars and x is the number of units. time left... 7:43:29 Suppose that the total revenue function for a commodity is R = 64x - 0.02x2. (a) Find R(100) $ Tell what it represents. The revenue increases by about this amount when the number of units is increased from 100 to 101. 100 units produce this amount of revenue. 101 units produce this amount of revenue. The actual revenue of the 100th unit is this amount....
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