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24. [-17 Points] DETAILS HARMATHAP12 9.9.027. MY NOTES PRACTICE ANOTHER Cost, revenue, and profit are in...
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...
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...
10. DETAILS HARMATHAPBR1 9.6.001.MI. Differentiate the function. f(x) = (2x - 5)35 F"(x) = 11. DETAILS...
10. DETAILS HARMATHAPBR1 9.6.001.MI. Differentiate the function. f(x) = (2x - 5)35 F"(x) = 11. DETAILS HARMATHAPBR1 9.9.003. Cost is in dollars and x is the number of units. Find the marginal cost function MC for the given cost function. C(x) = 450 + 16x + x2 MC = 12. DETAILS HARMATHAPBR1 9.9.007. Cost, revenue, and profit are in dollars and x is the number of units. If the total profit function is P(x) = 2x - 15, find the...
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....
The total revenue function for a certain product is given by The total revenue function for...
The total revenue function for a certain product is given by
The total revenue function for a certain product is given by R=630x dollars, and the total cost function for this product is C = 10,000+ 30x + x2 dollars, where x is the number of units of the product that are produced and sold. a. Find the profit function. b. Find the number of units that gives maximum profit. c. Find the maximum possible profit. a. P(x)= (Simplify your...
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...
ur college newspapes, The Collegiate Investigator, sells for 90 per copy. The cost of producing x...
ur college newspapes, The Collegiate Investigator, sells for 90 per copy. The cost of producing x copies of an edition is given by C(x) 60+0.10x+0.001x2 dollars. (a) Calculate the marginal revenue R(x) and profit P(x) functions. HINT [See Example 2.) P(x) (b) Compute the revenue and profit, and also the marginal revenue and profit, if you have produced and sold 500 copies of the latest edition. profit marginal revenue marginal profit per additional copy per additional copy Interpret the results....
Financial Mathematics Please answer question 4 and question 5 o)23:30 Oe Image Edit View Go Help En Question 4 The total cost of producing x units of a commodity per week is C(x) 200 +4x +0,1x2 (a) Fi...
Financial Mathematics
Please answer question 4 and question 5
o)23:30 Oe Image Edit View Go Help En Question 4 The total cost of producing x units of a commodity per week is C(x) 200 +4x +0,1x2 (a) Find the marginal cost when the production level is 100 units. (b) Use the marginal cost to approximate the cost of producing the 101 st unit. (c) Find the exact cost of producing the 101 st unit. (d) Assuming that the commodity is...
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...
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...
10. DETAILS HARMATHAPBR1 9.6.001.MI. Differentiate the function. f(x) = (2x - 5)35 F"(x) = 11. DETAILS HARMATHAPBR1 9.9.003. Cost is in dollars and x is the number of units. Find the marginal cost function MC for the given cost function. C(x) = 450 + 16x + x2 MC = 12. DETAILS HARMATHAPBR1 9.9.007. Cost, revenue, and profit are in dollars and x is the number of units. If the total profit function is P(x) = 2x - 15, find the...
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....
The total revenue function for a certain product is given by
The total revenue function for a certain product is given by R=630x dollars, and the total cost function for this product is C = 10,000+ 30x + x2 dollars, where x is the number of units of the product that are produced and sold. a. Find the profit function. b. Find the number of units that gives maximum profit. c. Find the maximum possible profit. a. P(x)= (Simplify your...
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...
ur college newspapes, The Collegiate Investigator, sells for 90 per copy. The cost of producing x copies of an edition is given by C(x) 60+0.10x+0.001x2 dollars. (a) Calculate the marginal revenue R(x) and profit P(x) functions. HINT [See Example 2.) P(x) (b) Compute the revenue and profit, and also the marginal revenue and profit, if you have produced and sold 500 copies of the latest edition. profit marginal revenue marginal profit per additional copy per additional copy Interpret the results....
Financial Mathematics
Please answer question 4 and question 5
o)23:30 Oe Image Edit View Go Help En Question 4 The total cost of producing x units of a commodity per week is C(x) 200 +4x +0,1x2 (a) Find the marginal cost when the production level is 100 units. (b) Use the marginal cost to approximate the cost of producing the 101 st unit. (c) Find the exact cost of producing the 101 st unit. (d) Assuming that the commodity is...
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