a) In 2013, a certain company's annual revenue was 73 billion dollars and growing at the rate of 3.6x + 17.1 billion dollars per year, where x is the number of years since 2013. Find a formula to predict this company's annual revenue at any time x.
I(x) =
Use your formula to predict their revenue in 2022. (Round your answer to one decimal place.)
$____billion
b) A company's marginal revenue function is MR = 190 − 12x1/3, where x is the number of units. Find the revenue function. (Evaluate C so that revenue is zero when nothing is produced.)
R(x) =
A) In 2013, a certain company's annual revenue was 73 billion dollars and growing at the rate of ...
Please answer both will thumbs up. In 2013, a certain company's annual revenue was 76 billion dollars and growing at the rate of 3.3x + 17.1 billion dollars per year, where is the number of years since 2013. Pind a formula to predict 10x) - 79 +3.32? + 17.1x this company's annual revenue at any time. X Use your formula to predict their revenue in 2020. (Round your answer to one decimal place.) $ billion Need Help? Submit Answer A...
in 2013, a certain company's annual revenue was 76 billion dollars and growing at the rate of 3.3x+17.1 billion dollars per year, where the number of years since 2013. Find a formula to predict this company's annual revenue at any time Ix) - 1.0² + 17. pc + 76 x Use your formula to predict their revenue in 2020. (Hound your answer to one decimal place) Need Help? The weekly sales in thousands) of a new product are predicted to...
A company's marginal revenue function is MR-190 - 20x1/9, where x is the number of units. Find the revenue function (Evaluate so that revenue is zero when nothing is produced) Find the indefinite integral. (Use for the constant of integration. Remember to use absolute values where appropriate.) dt
The revenue equation (in hunderds of millions of dollars) for barley production in a certain country is approximated by R(x)=0.0632x2 + 1.2443x + 2.2473 where x is in hundreds of millions of bushels. Find the marginal-revenue equation and use it to find the marginal revenue for the production of the given number of bushels. (a) The marginal-revenue equation is R′(x)= -------------------------. (Round to four decimal places as needed.) (b) Find the marginal revenue for the production of 200,000,000 bushels.The marginal...
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...
The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014. Period (t) Revenue ($ billions) 23.6 Year 2009 2010 2011 2 29.4 3 37.8 2012 50.3 2013 2014 59.9 66.5 6 (a) Construct a time series plot. Revenue ($ billions) Revenue ($ billions) Revenue ($ billions) Revenue ($ billions) 30+ T EST BOUNCE 20+ m o ITETEN 0+ + + 0 2 3 4 5 6 7 Period Period Period What type of pattern...
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...
The total revenue function for a certain product is given by Requals=440440x dollars, and the total cost function for this product is Cequals=20 comma 00020,000plus+4040xplus+x squaredx2 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.
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...
A shoe company that sells hiking boots has total revenue dollars, and the total cost where x is the number of hiking boots produced and sold. Find the marginal revenue (MR), Marginal cost (MC), and Marginal Profit (MP) r(z) = 652. c(z) 5500 152.