If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in a ...
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...
Answer the three parts. 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) = 162-10 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) =
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:
17. The price of candy bars sold from vending machines at the Duluth airport has increased by 50%. If the same number of candy bars are sold after the price increase this means: a. people flying from Duluth do not have good nutritional information. b. candy bar purchases represent a large fraction of travelers' budgets. c. there are few other places to purchase candy bars at the airport. d. the price elasticity of demand for candy bars is equal to...
1) if the price of the candy bar is set at two dollars estimated mean sale will be A)100 B)65 C)30 D)90 2) what is the estimated slope for the candy bar price and sales data A)-3.810 B)-48.193 C)161.386 D)0.784 3) if the price of a candy bar is set at two dollars the projected sales will be A)100 B)30 C)65 D)90 SCENARIO 12-2 A candy bar manufacturer is interested in trying to estimate how sales are influenced by the...
An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(c)=125x and its monthly cost in dollars is given by C(x) = 100x + 5000 1 Find the break-even point 2 Graph the revenue and cost equations on the same axes 3 From the graph, estimate the revenue and cost when x = 100 (100,000 policies)
please show step 6. An aircraft company estimates its marginal revenue function for helicopters to be MR(x) = (x + 40)Vr2 + 80x thousand dollars where x is the number of helicopters sold. Find the total revenue from the sale of the first 10 helicopters. 6. An aircraft company estimates its marginal revenue function for helicopters to be MR(x) = (x + 40)Vr2 + 80x thousand dollars where x is the number of helicopters sold. Find the total revenue from...
When x units of a certain luxury commodity are produced, they can all be sold at a price of p thousand dollars per unit, where p = -3x + 300. Part 1 out of 2 a. Express the revenue function R (x) as a function of x. How much revenue is obtained when x = 14 units are produced? R(x) = R (14) = dollars CHECK NEXT
Rate of change Question 2 A product is being sold currently for $25 with the price increasing at the rate of $2 per year. At this price, customers buy 150 thousand items but the quantity being bought is decreasing at the rate of 8 thousand per year Remember Revenue R(t) Quantity Q(e) x Price P(t) and show units. (a) If Q(0) is 150 (thousand) items, what is q'(0)? (b) What is P(O) (c) Hence find the rate at which the...
plz help with part e thank you Score: 0 of 1 pt 1 of 5 (0 co 3.4.5 The price p and the quantity x sold of a certain product obey the demand equation below. x4p+ 80, 0sps 20 (a) Express the revenue R as a function of x. (b) What is the revenue if 76 units are sold? (c) What quantity x maximizes revenue? What is the maximum revenue? (d) What price should the company charge to maximize revenue?...