AmeriBabe manufactures and sells rubber baby buggy bumpers. The price-demand equation is: where p is the price (in dollars) at which z rubber baby buggy bumpers can be sold. a. What is the demand if...
plz answer a b c The market research department of the Better Baby Buggy Co. predicts that the demand equation for its buggies is given by q-2.5p+500, where q is the number of buggies it can sell in a month if the price is Sp per buggy. At what price should it sell the buggies to get the largest revenue What is the largest monthly revenue? Practce Tek to a Tuer l Read Need Help? Two fraternities, Sig Ep and...
42. Demand Equation The price p and the quantity x sold of a certain product obey the demand equation x20p +500, 0sps 25 (a) Express the revenue R as a function of x. (b) What is the revenue if 20 units are sold? (c) What quantity x maximizes revenue? What is the maxi- mum revenue? (d) What price should the company charge to maximize rev- enue?
#4 & 5, work shown. A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. 4) p 400-0.lx and C(x)-25,000+135x Find the weekly revenue function. What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the weekly revenue? a) b) c) Find the weekly profit function. What price should the company charge for the phones, and how many phones...
A company manufactures and sells x television sets per month. The monthly cost and price-demand equations are C(x) = 72,000 + 40x and p(x)= 300 - 500SX S 9000. (A) Find the maximum revenue. (B) Find the maximum profit, the production level that will realize the maximum profit, and the price the company should charge for each television set. (C) If the government decides to tax the company 54 for each set it produces, how many sets should the company...
The price demand equation for hamburgers at a fast food restaurant is x + 1000p = 2,500 where p is the price in which exactly x items will be sold. Currently, the price of an order of fries is $1. A. How many fries are they currently selling? B. If the price is decreased will the revenue increase or decrease? C. If the price is increased, will the revenue increase or decrease? D. What price will maximize revenue?