Ask Your Teacher A company charting its profits notices that the relationship between the number of...
Ask Your Teacher
A company charting its profits notices that the relationship
between the number of units sold, x, and the profit,
P, is linear. If 170 units sold results in $360 profit and
220 units sold results in $3260 profit, write the profit function
for this company.
P =
Find the marginal profit. $ =
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A company charting its profits notices that the relationship
between the number of...
|1. A company charting its profits notices that the rela- tionship between the number of units...
|1. A company charting its profits notices that the rela- tionship between the number of units sold, x, and the profit, P, is linear. If 200 units sold results in $3100 profit and 250 units sold results in $6000 profit, write the profit function for this company. Find the marginal profit. Knowledge Check 01 Which of the following are explained or reported in the statement of.stockholders' equity?
5. 12 points HarMathAp11 10.3.019 My Notes Ask Your Teacher If the total cost function for...
5. 12 points HarMathAp11 10.3.019 My Notes Ask Your Teacher If the total cost function for a product is C(x) = 240(0.02x + 5)3 dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average cost? units Find the minimum average cost per unit. Submit Answer Save Progress 6. -12 points HarMathAp11 10.3.025 My Notes Ask Your Teacher If the profit function for a product is P(x) = 2700x + 120x2-x3-242,000 dollars, selling...
Suppose Debbie notices the following relationship between how many workers she hires to work on h...
Suppose Debbie notices the following relationship between how many workers she hires to work on her fishing boat, and how much fish her company catches (per day): 2. WorkersQty of FishMargi Fixed Variable Total Cost Averag Marginal Cost Cost ProductC (in 0 120 220 300 360 400 Total Cost Cost pounds (2 points) Use the information in the table to complete the marginal product column. Explain briefly why the marginal productivity might follow this pattern. a. b. 2 points) Suppose...
MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The relationship between the amount of money that Canon...
MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The relationship between the amount of money that Canon Precision Instruments spends on advertising and the company's total sales is given by the following function where is measured in thousands of dollars S) - -0.002.00? + x + 500 x 200) Pind ), the rate of charge of the sales with respect to the amount of money spent on advertising S)- At whatrate in dollars per thousand dollars of advertising) are Canon's total...
4. 1.34/4 points Previous Answers PeckDevStat7 14.8.010. My Notes Ask Your Teacher The relationship between yield...
4. 1.34/4 points Previous Answers PeckDevStat7 14.8.010. My Notes Ask Your Teacher The relationship between yield of maize, date of planting, and planting density was investigated in an article. Let the variables be defined as follows. y = percent maize yield X = planting date (days after April 20) z = planting density (plants/ha) The following regression model with both quadratic terms where x1 = x, X2 = 2, X3 = x2 and X4 = z2 provides a good description...
-12 Points) DETAILS ASK YOUR TEACHER A company manufactures x units of Product A and y...
-12 Points) DETAILS ASK YOUR TEACHER A company manufactures x units of Product A and y units of Product B, on two machines, I and II. It has been determined that the company will realize a profit of $3/unit of Product A and a profit of $5/unit of Product B. To manufacture a unit of Product A requires 6 min on Machine I and 5 min on Machine II. To manufacture a unit of Product B requires 9 min on...
A company has established that the relationship between the sales price for one of its products...
A company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately p = 75-0.2D (D is the demand or quantity sold per month and p is the price in dollars). The fixed cost is $800 per month and the variable cost is $20 per unit produced. a. What is the maximum profit per month for this product? b. What is the range of profitable demand during a...
Let x be the number of graphing calculators being made by Texas Instrument. When x =...
Let x be the number of graphing calculators being made by Texas Instrument. When x = 150 calculators are made it costs the company $495 to make them. When x = 280 calculators are made, it costs the company $820 to make them. a) If Cix), the cost function for producing x calculators is a linear function, write C(x) as a linear function of the form C(x) = mx+b. b) P(x), the profit function of dollars for producing x calculators...
please show ALL STEPS and box answers, will thumbs up, Thanks! The price-demand and cost functions...
please show ALL STEPS and box answers, will thumbs up,
Thanks!
The price-demand and cost functions for the production of microwaves are given as 2 p=220 - 50 and C(2) = 16000 + 802, where x is the number of microwaves that can be sold at a price of p dollars per unit and C(x) is the total cost (in dollars) of producing a units. (A) Find the marginal cost as a function of x. C'(x) = 80 (B) Find...
The relationship between Northwood Realty's quarterly profit, P(x), and the amount of money x spent on...
The relationship between Northwood Realty's quarterly profit, P(x), and the amount of money x spent on advertising per quarter is described by the function P(x) =- - 1x2 + 12x + 30 (OS X S 50) where both P(x) and x are measured in thousands of dollars. (a) Sketch the graph of P. P P 1000) 1000 800 800 600 600 400 400 200 200 10 20 30 40 50 10 20 30 10 50 Р 1000 1000 800 800...
|1. A company charting its profits notices that the rela- tionship between the number of units sold, x, and the profit, P, is linear. If 200 units sold results in $3100 profit and 250 units sold results in $6000 profit, write the profit function for this company. Find the marginal profit. Knowledge Check 01 Which of the following are explained or reported in the statement of.stockholders' equity?
5. 12 points HarMathAp11 10.3.019 My Notes Ask Your Teacher If the total cost function for a product is C(x) = 240(0.02x + 5)3 dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average cost? units Find the minimum average cost per unit. Submit Answer Save Progress 6. -12 points HarMathAp11 10.3.025 My Notes Ask Your Teacher If the profit function for a product is P(x) = 2700x + 120x2-x3-242,000 dollars, selling...
Suppose Debbie notices the following relationship between how many workers she hires to work on her fishing boat, and how much fish her company catches (per day): 2. WorkersQty of FishMargi Fixed Variable Total Cost Averag Marginal Cost Cost ProductC (in 0 120 220 300 360 400 Total Cost Cost pounds (2 points) Use the information in the table to complete the marginal product column. Explain briefly why the marginal productivity might follow this pattern. a. b. 2 points) Suppose...
MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The relationship between the amount of money that Canon Precision Instruments spends on advertising and the company's total sales is given by the following function where is measured in thousands of dollars S) - -0.002.00? + x + 500 x 200) Pind ), the rate of charge of the sales with respect to the amount of money spent on advertising S)- At whatrate in dollars per thousand dollars of advertising) are Canon's total...
4. 1.34/4 points Previous Answers PeckDevStat7 14.8.010. My Notes Ask Your Teacher The relationship between yield of maize, date of planting, and planting density was investigated in an article. Let the variables be defined as follows. y = percent maize yield X = planting date (days after April 20) z = planting density (plants/ha) The following regression model with both quadratic terms where x1 = x, X2 = 2, X3 = x2 and X4 = z2 provides a good description...
-12 Points) DETAILS ASK YOUR TEACHER A company manufactures x units of Product A and y units of Product B, on two machines, I and II. It has been determined that the company will realize a profit of $3/unit of Product A and a profit of $5/unit of Product B. To manufacture a unit of Product A requires 6 min on Machine I and 5 min on Machine II. To manufacture a unit of Product B requires 9 min on...
A company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately p = 75-0.2D (D is the demand or quantity sold per month and p is the price in dollars). The fixed cost is $800 per month and the variable cost is $20 per unit produced. a. What is the maximum profit per month for this product? b. What is the range of profitable demand during a...
Let x be the number of graphing calculators being made by Texas Instrument. When x = 150 calculators are made it costs the company $495 to make them. When x = 280 calculators are made, it costs the company $820 to make them. a) If Cix), the cost function for producing x calculators is a linear function, write C(x) as a linear function of the form C(x) = mx+b. b) P(x), the profit function of dollars for producing x calculators...
please show ALL STEPS and box answers, will thumbs up,
Thanks!
The price-demand and cost functions for the production of microwaves are given as 2 p=220 - 50 and C(2) = 16000 + 802, where x is the number of microwaves that can be sold at a price of p dollars per unit and C(x) is the total cost (in dollars) of producing a units. (A) Find the marginal cost as a function of x. C'(x) = 80 (B) Find...
The relationship between Northwood Realty's quarterly profit, P(x), and the amount of money x spent on advertising per quarter is described by the function P(x) =- - 1x2 + 12x + 30 (OS X S 50) where both P(x) and x are measured in thousands of dollars. (a) Sketch the graph of P. P P 1000) 1000 800 800 600 600 400 400 200 200 10 20 30 40 50 10 20 30 10 50 Р 1000 1000 800 800...
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