The weekly demand for Xbox Math-Hero video games is given by p = x3 − 140x...
The weekly demand for Xbox Math-Hero video games is given by p = x3 − 140x + 650 where x is the number of Xbox video games produced and sold, and p is in dollars. Using the Marginal Revenue function, R'(x), approximate the marginal revenue when 10 Math-Hero video games have been produced and sold.
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The weekly demand for Xbox Math-Hero video games is given by p =
x3 − 140x...
(1 point) The price-demand and cost functions for the production of microwaves are given as P=240-...
(1 point) The price-demand and cost functions for the production of microwaves are given as P=240- C(x) = 46000 + 40., is the number of microwaves that can be sold at a price of p dollars per unit and C where units. ) is the total cost (in dollars) of producing (A) Find the marginal cost as a function of C'(x) = (B) Find the revenue function in terms R(x) = (C) Find the marginal revenue function in terms of...
The weekly demand function is given by p + x + 4xp = 42, where x...
The weekly demand function is given by p + x + 4xp = 42, where x is the number of thousands of units demanded weekly and p is in dollars. If the price p is increasing at a rate of 26 cents per week when the level of demand is 3000 units, which one of the following statements is true? O Demand is increasing at 260 units per week O Demand is decreasing at 280 units per week O Demand...
The demand for a new computer game can be modeled by p(x) = 58 -8 In...
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...
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...
2. Suppose the demand function relating demand and price is given by pix)- 50-0.005x. The total...
2. Suppose the demand function relating demand and price is given by pix)- 50-0.005x. The total cost of making x units is given by C )-0.00001 x3-0,033 x2+48x+5,000 a) Find the revenue function R(x). b) Find the profit function P(x). c) How many units must be made and sold to maximize profit? Verify that you have found the maximum using d) e) f) the first derivative test. What is the maximum profit? What are the marginal cost, marginal revenue and...
The weekly demand for the Pulsar 40-in. high-definition television is given by the demand equation p...
The weekly demand for the Pulsar 40-in. high-definition television is given by the demand equation p = −0.04x + 517 (0 ≤ x ≤ 12,000) where p denotes the wholesale unit price in dollars and x denotes the quantity demanded. The weekly total cost function associated with manufacturing these sets is given by C(x) = 0.000004x3 − 0.05x2 + 400x + 80,000 where C(x) denotes the total cost incurred in producing x sets. Find the level of production that will yield...
please help explain how to work these problems, Suppose a product's revenue function is given by...
please help explain how to work these problems,
Suppose a product's revenue function is given by R(q) = – 8q2 + 800q, where R(q) is in dollars and q is the number of units sold. Use the marginal revenue function to find the approximate revenue generated by selling the 39th unit. Marginal revenue = -624 ]* Preview dollars per unit Suppose a product's cost function is given by C(q) = -4q2 + 6000, where C(q) is in dollars and q...
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...
10. The demand for a new computer game can be modeled by pa) 44 -9In(z) where pla) is the price c...
10. The demand for a new computer game can be modeled by pa) 44 -9In(z) where pla) is the price consumers will pay, in dollars, and r is the number of games sold, in thousands. Find the following 1. Find the total revenue R(r) 2. Find the marginal revenue R(x): 3. At what price will the total revenue be maximized?
10. The demand for a new computer game can be modeled by pa) 44 -9In(z) where pla) is the price...
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...
(1 point) The price-demand and cost functions for the production of microwaves are given as P=240- C(x) = 46000 + 40., is the number of microwaves that can be sold at a price of p dollars per unit and C where units. ) is the total cost (in dollars) of producing (A) Find the marginal cost as a function of C'(x) = (B) Find the revenue function in terms R(x) = (C) Find the marginal revenue function in terms of...
The weekly demand function is given by p + x + 4xp = 42, where x is the number of thousands of units demanded weekly and p is in dollars. If the price p is increasing at a rate of 26 cents per week when the level of demand is 3000 units, which one of the following statements is true? O Demand is increasing at 260 units per week O Demand is decreasing at 280 units per week O Demand...
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...
2. Suppose the demand function relating demand and price is given by pix)- 50-0.005x. The total cost of making x units is given by C )-0.00001 x3-0,033 x2+48x+5,000 a) Find the revenue function R(x). b) Find the profit function P(x). c) How many units must be made and sold to maximize profit? Verify that you have found the maximum using d) e) f) the first derivative test. What is the maximum profit? What are the marginal cost, marginal revenue and...
please help explain how to work these problems,
Suppose a product's revenue function is given by R(q) = – 8q2 + 800q, where R(q) is in dollars and q is the number of units sold. Use the marginal revenue function to find the approximate revenue generated by selling the 39th unit. Marginal revenue = -624 ]* Preview dollars per unit Suppose a product's cost function is given by C(q) = -4q2 + 6000, where C(q) is in dollars and q...
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...
10. The demand for a new computer game can be modeled by pa) 44 -9In(z) where pla) is the price consumers will pay, in dollars, and r is the number of games sold, in thousands. Find the following 1. Find the total revenue R(r) 2. Find the marginal revenue R(x): 3. At what price will the total revenue be maximized?
10. The demand for a new computer game can be modeled by pa) 44 -9In(z) where pla) is the price...
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...
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