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...
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
A marginal revenue function MR(x) (in dollars) is given below. Use numerical integration on a graphing calculator or computer to find the total revenue over the given range. 195 MR(x) = 7+2 1 +2 -0.8x – 25, 0 sxs 270 -0.8% . The total revenue over the given range is approximately $ (Round to the nearest cent as needed.)
Like for correct answer Cost, revenue, and profit are in dollars and x is the number of units Suppose that the marginal revenue for a product is MR 2400 and the marginal cest is C: 60y4, wth a fnixed cost ef $00 Govx4, with a fixed cast or $300. (a) Find the profit or loss from the production and sale of S units There is aSelect (b) How many units will result in a maximum proft? units Cost, revenue, and...
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.
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...
The marginal revenue for a new calculator is given by 20,000 MR = 60,000 - (10 + x)2 where x represents hundreds of calculators and revenue is in dollars. Find the total revenue function, R(x), for these calculators R(X) - 1940000x 2000023 3 + 200000.x? Your answer cannot be understood or graded. More Information Need Help? Read it Talk to a Tutor Viewing Saved Work Revert to Last Response 9. [-12 points) DETAILS HARMATHAP12 12.1.049. MY NOTES PRACTIE The DeWitt...
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....
A company determines that its marginal revenue per day is given by R'(t), where R(t) is the total accumulated revenue, in dollars, on the tth day. The company's marginal cost per day is given by C' (t), where C(t) is the total accumulated cost, in dollars, on the th day. R' (t) = 140 e'. R(O)=0; C' (t) = 140 -0.75, C(O) = 0 a) Find the total profit P(T) from t=0 to t= 10 (the first 10 days). P(T)...
A concert promoter sells tickets and has a marginal-profit function given below, where P'(x) is in dollars per ticket. This means that the rate of change of total profit with respect to the number of tickets sold, x, is P'(x). Find the total profit from the sale of the first 200 tickets, disregarding any fixed costs. P'(x) = 3x - 1140 The total profit is $ (Round to the nearest cent as needed.)
1)A linear cost function is C(x) = 6x + 450. (Assume C is measured in dollars.) (a) What are the slope and the C-intercept? slope C-intercept (b) What is the marginal cost MC ? MC= What does the marginal cost mean? Each additional unit produced costs this much (in dollars). If production is increased by this many units, the cost decreases by $1. Each additional unit produced reduces the cost by this much (in dollars). If production is increased...