A manufacturer produces televisions. She estimates that by selling them for x dollars each, she will...
A manufacturer produces televisions. She estimates that by selling them for x dollars each, she will be able to sell 105−2x each week.
Step 2 of 2 :
Determine what the maximum revenue will be. (Round your answer to two decimal places.)
Homework Answers
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A manufacturer produces televisions. She estimates that by
selling them for x dollars each, she will...
A manufacturer produces toasters. She estimates that by selling them for x dollars each, she will...
A manufacturer produces toasters. She estimates that by selling them for x dollars each, she will be able to sell 305−4x305−4x each week. Step 2 of 2 : Determine what the maximum revenue will be. (Round your answer to two decimal places.)
Suppose selling candles for p dollars each means you can sell 65−3p of them. For example,...
Suppose selling candles for p dollars each means you can sell 65−3p of them. For example, if you charge 5 dollars for each, then you can sell 50 candles. (a) At what price will you have no customers? p=____________ dollars (b) How much should you charge to maximize your revenue? p=____________ dollars (c) What is the maximum revenue? The maximum revenue is ____________ dollars.
A dress maker currently produces 15 dresses per week and sells them for a profit. She...
A dress maker currently produces 15 dresses per week and sells them for a profit. She is considering expanding her operation in order to make more dresses. Should she expand? O Yes, because making dresses is profitable No, because she may not be able to sell the additional dresses. It depends on the average cost of producing more dresses and the average revenue she will earn from selling more dresses O It depends on the marginal cost of producing more...
A company estimates that the revenue in dollars from the sale of x items is given...
A company estimates that the revenue in dollars from the sale of x items is given by R(x)=3x2-4x+18. Use the differential to approximate the change in revenue from the sale of one more item when 6 items are sold. Round your answer to two decimal places.
The monthly revenue R achieved by selling x wristwatches is figured to be R(x) 85x -...
The monthly revenue R achieved by selling x wristwatches is figured to be R(x) 85x - 0.2x2. The monthly cost C of selling x wristwatches is C(x) 32x+ 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)-C(x). What is the profit function? C. How many wristwatches must the firm sell to maximize profit? What is the maximum profit? A. The firm must sell wristwatches to...
A charter bus company has determined that the cost, in dollars, of providing x people a...
A charter bus company has determined that the cost, in dollars, of providing x people a tour is C(x) = 180 + 2.50x. A full tour consists of 76 people. The ticket price per person is $19 plus $0.25 for each unsold ticket. (a) Determine the revenue function. R(x) = (b) Determine the profit function. P(x) = (c) Determine the company's maximum profit. (Round your answer to two decimal places.) (d) Determine the number of ticket sales that yields the...
A chemical manufacturer produces two products, chemical X and chemical Y. Each product is manufac...
A chemical manufacturer produces two products, chemical X and
chemical Y. Each product is manufactured by a two-step process that
involves blending and mixing in machine A and packaging on machine
B. Chemical X provides a $60/unit contribution to profit, while
Chemical Y provides a $50 contribution to profit. The processing
times for the two products on the mixing machine (A) and the
packaging machine (B) are as follows:
C Get Homework Hep With ChegxC Get Homework Help With Chego+...
A candy box is made from a piece of cardboard that measures 25 by 14 inches. Squares of equal size will be cut out of each corner. The sides will then be folded up to form a rectangular box....
A candy box is made from a piece of cardboard that measures 25 by 14 inches. Squares of equal size will be cut out of each corner. The sides will then be folded up to form a rectangular box. Find the length of the side of the square that must be cut out if the volume of the box is to be maximized. What is the maximum volume? 14 in. A square with a side of length of 2.88 inches...
Correct A manufacturer of upholstery can sell 6 yards of fabric at a price of $2.24...
Correct A manufacturer of upholstery can sell 6 yards of fabric at a price of $2.24 per yard. If the price is $1.80, he can sell 28 yards. The total cost of manufacturing x yards of fabric is C(x) = 0.55x + 23.5 dollars. Step 2 of 3 : Find the revenue function. Do not round your answer. Answer R(x) II
A company produces two types of solar panels per year: x thousand of type A and...
A company produces two types of solar panels per year: x thousand of type A and y thousand of type B. The revenue and cost equations, in millions of dollars, for the year are given as follows. R(x,y) = 4x + 5y C(XY) x2 - 4xy+By2 + 12x - 51y-2 Determine how many of each type of solar panel should be produced per year to maximize profit. The company will achieve a maximum profit by selling solar panels of type...
A dress maker currently produces 15 dresses per week and sells them for a profit. She is considering expanding her operation in order to make more dresses. Should she expand? O Yes, because making dresses is profitable No, because she may not be able to sell the additional dresses. It depends on the average cost of producing more dresses and the average revenue she will earn from selling more dresses O It depends on the marginal cost of producing more...
A company estimates that the revenue in dollars from the sale of x items is given by R(x)=3x2-4x+18. Use the differential to approximate the change in revenue from the sale of one more item when 6 items are sold. Round your answer to two decimal places.
The monthly revenue R achieved by selling x wristwatches is figured to be R(x) 85x - 0.2x2. The monthly cost C of selling x wristwatches is C(x) 32x+ 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)-C(x). What is the profit function? C. How many wristwatches must the firm sell to maximize profit? What is the maximum profit? A. The firm must sell wristwatches to...
A charter bus company has determined that the cost, in dollars, of providing x people a tour is C(x) = 180 + 2.50x. A full tour consists of 76 people. The ticket price per person is $19 plus $0.25 for each unsold ticket. (a) Determine the revenue function. R(x) = (b) Determine the profit function. P(x) = (c) Determine the company's maximum profit. (Round your answer to two decimal places.) (d) Determine the number of ticket sales that yields the...
A chemical manufacturer produces two products, chemical X and
chemical Y. Each product is manufactured by a two-step process that
involves blending and mixing in machine A and packaging on machine
B. Chemical X provides a $60/unit contribution to profit, while
Chemical Y provides a $50 contribution to profit. The processing
times for the two products on the mixing machine (A) and the
packaging machine (B) are as follows:
C Get Homework Hep With ChegxC Get Homework Help With Chego+...
A candy box is made from a piece of cardboard that measures 25 by 14 inches. Squares of equal size will be cut out of each corner. The sides will then be folded up to form a rectangular box. Find the length of the side of the square that must be cut out if the volume of the box is to be maximized. What is the maximum volume? 14 in. A square with a side of length of 2.88 inches...
Correct A manufacturer of upholstery can sell 6 yards of fabric at a price of $2.24 per yard. If the price is $1.80, he can sell 28 yards. The total cost of manufacturing x yards of fabric is C(x) = 0.55x + 23.5 dollars. Step 2 of 3 : Find the revenue function. Do not round your answer. Answer R(x) II
A company produces two types of solar panels per year: x thousand of type A and y thousand of type B. The revenue and cost equations, in millions of dollars, for the year are given as follows. R(x,y) = 4x + 5y C(XY) x2 - 4xy+By2 + 12x - 51y-2 Determine how many of each type of solar panel should be produced per year to maximize profit. The company will achieve a maximum profit by selling solar panels of type...
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