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10. DETAILS HARMATHAPBR1 9.6.001.MI. Differentiate the function. f(x) = (2x - 5)35 F"(x) = 11. DETAILS...
DETAILS HARMATHAPBR1 9.9.008. Cost, revenue, and profit are in dollars and x is the number of...
DETAILS HARMATHAPBR1 9.9.008. Cost, revenue, and profit are in dollars and x is the number of units. Suppose that the total revenue function for a product is R(x) = 55x and that the total cost function is c(X) - 1700 + 35x + 0.01x2. (a) Find the profit from the production and sale of 500 units. $ (b) Find the marginal profit function. (c) Find MP at x = 500. on the sale of the next (501st) unit. Explain what...
need help with #13 please and thank you 13. DETAILS HARMATHAPBR1 9.9.008. Cost, revenue, and profit...
need help with #13 please and thank you
13. DETAILS HARMATHAPBR1 9.9.008. Cost, revenue, and profit are in dollars and x is the number of units. Suppose that the total revenue function for a product is R(x) - 55x and that the total cost function is c(*) - 2000 + 35x + 0.01x? (a) Find the profit from the production and sale of 500 units. $ (b) Find the marginal profit function. (c) Find MP at x = 500. Explain...
24. [-17 Points] DETAILS HARMATHAP12 9.9.027. MY NOTES PRACTICE ANOTHER Cost, revenue, and profit are in...
24. [-17 Points] DETAILS HARMATHAP12 9.9.027. MY NOTES PRACTICE ANOTHER Cost, revenue, and profit are in dollars and x is the number of units. Suppose that the total revenue function for a product is R(x) - S0x and that the total cost function is C[x) - 2200 + 30x + 0.01x2 (a) Find the profit from the production and sale of 500 units. $ (b) Find the marginal profit function, (c) Find MP at x = 500 MP- Explain what...
linear revenue function is R = 34x. (Assume R is measured in dollars.) (a) What is...
linear revenue function is R = 34x. (Assume R is measured in dollars.) (a) What is the slope m? m = (b) What is the marginal revenue MR? MR = What does the marginal revenue mean? 0 If the number of units sold is increased by this amount, the revenue decreases by O If the number of units sold is increased by this amount, the revenue increases by O Each additional unit sold decreases the revenue by this many dollars....
Please solve all of them. 7. The revenue function for a product is given by 60x2...
Please solve all of them.
7. The revenue function for a product is given by 60x2 R(x) = 2x+1 a. Find the marginal revenue function The price of a product in a competitive market is $300. The cost per unit of producing the product is 160 + 0.1% dollars, where x is the number of units produced per month a. Find the marginal cost function. b. Find the marginal revenue function b. Find MR(100) and interpret your results. c. Find...
Solve the problem. Rejoyne Inc. has a marginal-profit function given by P'(x) = -2x + 140,...
Solve the problem. Rejoyne Inc. has a marginal-profit function given by P'(x) = -2x + 140, where P'(x) is in dollars per unit. This means that the rate of change of total profit with respect to the number of units produced, x, is P'(x). Find the total profit from the production and sale of the first 30 units. O $110 O $6600 $3300 $80
5. -/6 points HARMATHAP12 9.9.020,MI. If the cost function for a commodity is 3 + 6x2...
5. -/6 points HARMATHAP12 9.9.020,MI. If the cost function for a commodity is 3 + 6x2 + 6x + 20 dollars find the marginal cost MC at x = 9 units. (Round your answer to two decimal places.) MC = $ Tell what the marginal cost predicts about the cost of producing 1 additional unit. The cost of producing 1 additional unit is $ Tell what the marginal cost predicts about the cost of producing 2 additional units. The cost...
29. [-14 Points] DETAILS HARMATHAP12 9.3.042.MI.SA. This question has several parts that must be completed sequentially....
29. [-14 Points] DETAILS HARMATHAP12 9.3.042.MI.SA. This question has several parts that must be completed sequentially. If you skip a part of the question, you will not receive a Tutorial Exercise If the total revenue function for a blender is R(x) = 27x -0.01x2 where x is the number of units sold, what is the average rate of change in revenue R(x) as x increases from 12 to 24 units? Step 1 The revenue R (in dollars) for a blender...
8. DETAILS HARMATHAPBR1 9.4.011. Y NOTES KOUR TEACHER The demand for a unit of a product...
8. DETAILS HARMATHAPBR1 9.4.011. Y NOTES KOUR TEACHER The demand for a unit of a product depends on the price in dor) cording to - 1. for Find and explain the meaning of the instantaneous we of change of demand with respect to price when the price is as follows (a) $9 O price increases by 31, the demand will drop pproximately 2 units If price increases by the demand will drop approximately 1 O price decreases by 51, the...
A shoe company that sells hiking boots has total revenue dollars, and the total cost where...
A shoe company that sells hiking boots has total revenue
dollars,
and the total cost
where x is the number of hiking boots produced and sold. Find the
marginal revenue (MR), Marginal cost (MC), and Marginal Profit
(MP)
r(z) = 652. c(z) 5500 152.
DETAILS HARMATHAPBR1 9.9.008. Cost, revenue, and profit are in dollars and x is the number of units. Suppose that the total revenue function for a product is R(x) = 55x and that the total cost function is c(X) - 1700 + 35x + 0.01x2. (a) Find the profit from the production and sale of 500 units. $ (b) Find the marginal profit function. (c) Find MP at x = 500. on the sale of the next (501st) unit. Explain what...
need help with #13 please and thank you
13. DETAILS HARMATHAPBR1 9.9.008. Cost, revenue, and profit are in dollars and x is the number of units. Suppose that the total revenue function for a product is R(x) - 55x and that the total cost function is c(*) - 2000 + 35x + 0.01x? (a) Find the profit from the production and sale of 500 units. $ (b) Find the marginal profit function. (c) Find MP at x = 500. Explain...
24. [-17 Points] DETAILS HARMATHAP12 9.9.027. MY NOTES PRACTICE ANOTHER Cost, revenue, and profit are in dollars and x is the number of units. Suppose that the total revenue function for a product is R(x) - S0x and that the total cost function is C[x) - 2200 + 30x + 0.01x2 (a) Find the profit from the production and sale of 500 units. $ (b) Find the marginal profit function, (c) Find MP at x = 500 MP- Explain what...
linear revenue function is R = 34x. (Assume R is measured in dollars.) (a) What is the slope m? m = (b) What is the marginal revenue MR? MR = What does the marginal revenue mean? 0 If the number of units sold is increased by this amount, the revenue decreases by O If the number of units sold is increased by this amount, the revenue increases by O Each additional unit sold decreases the revenue by this many dollars....
Please solve all of them.
7. The revenue function for a product is given by 60x2 R(x) = 2x+1 a. Find the marginal revenue function The price of a product in a competitive market is $300. The cost per unit of producing the product is 160 + 0.1% dollars, where x is the number of units produced per month a. Find the marginal cost function. b. Find the marginal revenue function b. Find MR(100) and interpret your results. c. Find...
Solve the problem. Rejoyne Inc. has a marginal-profit function given by P'(x) = -2x + 140, where P'(x) is in dollars per unit. This means that the rate of change of total profit with respect to the number of units produced, x, is P'(x). Find the total profit from the production and sale of the first 30 units. O $110 O $6600 $3300 $80
5. -/6 points HARMATHAP12 9.9.020,MI. If the cost function for a commodity is 3 + 6x2 + 6x + 20 dollars find the marginal cost MC at x = 9 units. (Round your answer to two decimal places.) MC = $ Tell what the marginal cost predicts about the cost of producing 1 additional unit. The cost of producing 1 additional unit is $ Tell what the marginal cost predicts about the cost of producing 2 additional units. The cost...
29. [-14 Points] DETAILS HARMATHAP12 9.3.042.MI.SA. This question has several parts that must be completed sequentially. If you skip a part of the question, you will not receive a Tutorial Exercise If the total revenue function for a blender is R(x) = 27x -0.01x2 where x is the number of units sold, what is the average rate of change in revenue R(x) as x increases from 12 to 24 units? Step 1 The revenue R (in dollars) for a blender...
8. DETAILS HARMATHAPBR1 9.4.011. Y NOTES KOUR TEACHER The demand for a unit of a product depends on the price in dor) cording to - 1. for Find and explain the meaning of the instantaneous we of change of demand with respect to price when the price is as follows (a) $9 O price increases by 31, the demand will drop pproximately 2 units If price increases by the demand will drop approximately 1 O price decreases by 51, the...
A shoe company that sells hiking boots has total revenue
dollars,
and the total cost
where x is the number of hiking boots produced and sold. Find the
marginal revenue (MR), Marginal cost (MC), and Marginal Profit
(MP)
r(z) = 652. c(z) 5500 152.
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