Answer the three parts. If the price charged for a candy bar is p(x) cents, then...
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in a certain city, where p(x) = 154-x 10 a. Find an expression for the total revenue from the sale of x thousand candy bars. b. Find the value of x that leads to maximum revenue. c. Find the maximum revenue. a. R(x)= 154000x-100x b. The x-value that leads to the maximum revenue is 770 c. The maximum revenue, in dollars,...
h If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in a certain city, where p(x) = 157-1 10 a. Find an expression for the total revenue from the sale of thousand candy bars. b. Find the value of x that leads to maximum revenue. c. Find the maximum revenue. a. R(x) = b. The x-value that leads to the maximum revenu is c. The maximum revenue, in dollars, is...
20. If the price charged for a candy bar is p(x) cents, the x thousand candy bar will be sold in a certain city, where P(x) = 6- 20 (a) Find an expression for the total revenue for the sale of x thousands candy bar: 20 (b) Find the value of x that leads to maximum revenues: 20 (©) The maximum revenue:
8. A certain brand of candy bar has the demand equation p=-.0035x+20 and supply equation for the same calculator is p=.0025 r- 10 , where p is price and x is quantity. What is the equilibrium price and quantity?
8. A certain brand of candy bar has the demand equation p=-.0035x+20 and supply equation for the same calculator is p=.0025 x - 10 where p is price and x is quantity. What is the equilibrium price and quantity?
Pronghorn Company offers an MP3 download (seven-single medley)
as a premium for every 5 candy bar wrappers presented by customers
together with $2.70. The candy bars are sold by the company to
distributors for 30 cents each. The purchase price of each download
code to the company is $2.45. In addition, it costs 50 cents to
distribute each code. The results of the premium plan for the years
2017 and 2018 are as follows. (All purchases and sales are for...
A company manufactures two products. The price hnction for product A tr。-18-1 x both in thousands of dollars, where x and y are the amounts of products A and fi, respectively. If the cost function is x,y)-12x+1By-xy+19 thousands of dollars, find the quantries and the prices of the two products that maximize profit product A quantity act A price product B quantity product B price thousand dollars thousand dollars Find the maximum profit thousand doliars View Previou Question Question 5...
The demand for a certain type of modem is given by p = 480 - x where p is the price when x units are demanded. Determine the price that will produce the maximum revenue. (Hint: First find the revenue R(x), that would be obtained at a demand of x). $48 $240 $260 $480
The demand for a new computer game can be modeled by p(x) = 58 -8 In x, for 0 5x5 800, where p(x) is the price consumers will pay, in dollars, and x is the number of games sold in thousands. Recall that total revenue is given by R(x)=x.p(x). Complete parts (a) through (c) below. a) Find R(x). R(x) = b) Find the marginal revenue, R'(x). R'(x)=0 c) How many units will be sold if the price that consumers are...
The demand for a new computer game can be modeled by p(x) = 58 -8 In x, for 0 5x5 800, where p(x) is the price consumers will pay, in dollars, and x is the number of games sold in thousands. Recall that total revenue is given by R(x)=x.p(x). Complete parts (a) through (c) below. a) Find R(x). R(x) = b) Find the marginal revenue, R'(x). R'(x)=0 c) How many units will be sold if the price that consumers are...