14) Maximum revenue and profit. A company manufactures and sells x cameras per week weekly price-demand and cost equations are, respectively, (40 points) p=400-0.5x and C(x) =2,000 + 200x . The W...
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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...
A restaurant sells x hamburger per week. Assume that the weekly cost and demand equations C(x) = 1.1x + 300 p(x) = 5 - 0.03x 0 ≤ x ≤ 1,000 Find the number of hamburgers that the restaurant should sell and the price that the restaurant should charge for each hamburger to maximize the profit.
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Sonic Sdn. Bhd. manufactures and sells x television sets per month. The monthly cost and price-demand equations are, C = 72,000 + 60x P = 200 OSX s 6,000 30 a) find x that maximize its total revenue and calculate the total revenue. (4 marks) b) If the government decides to tax the company $5 for each set it produces, i) how many sets should the company manufacture each month to maximize its profit? (4 marks)...
h Score: 10.33 of 13 pts Bus Econ 3.8.21 A company manufactures and sells x television sets per month The monthly cost and price demand equations are 74,000 + 70 and 300- 30 OSXS5000 (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 change for each television set (C) If the government decides to tax the company $5 for each produces, how many sets...
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 the price is $2280? The demand isbumpers. p 2600-8x Preview b. The cost to produce x rubber baby buggy bumpers is given by C() 900680 and the new revenue function is R(z)(2600 8a) How many rubber baby buggy bumpers should be manufactured and sold to...
The demand equation for your company's virtual reality video headsets is 2,000 where q is the total number of headsets that your company can sell in a week at a price of p dollars. The total manufacturing and shipping cost amounts to $130 per headset (a) Find the weekly cost, revenue and profit as a function of the demand q for headsets. C(4)- R(q) (b) How many headsets should your company sell to maximize profit? (Give your answer to the...
9 of 13 Test Score: 63.43%, 39.32 of 62 pts 4.6.21-BE A company manufactures and sole x television sets per month. The monthly cost and prion demand equations are C(x) = 72,000 * 60x and p(x) = 300 - Osxs 9000 (A) Find the maximum revenue (6) Find the maximum profit, the production level that will realize the maximum profit, and the price the company should charge for each inlevision set Cif the government decides to tax the company 58...
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1. A firm has the following demand and total cost schedule. TR Profit MR MC O 0 10 20 30 40 50 60 P 100 90 80 70 60 50 40 TC 200 400 600 800 800 1,000 1.200 1.400 a) Is the firm a price-taker or price searcher? Explain. b) Complete the Total Revenue (TR) and Profit schedules. c) How many units of output (Q) should the firm produce to maximize profits? d) What price (P) should the...
A company manufactures two products. The price hnction for product A tr。-18-1 x both in thousands of dollars, where x and y are the amounts of products A and fi, respectively. If the cost function is x,y)-12x+1By-xy+19 thousands of dollars, find the quantries and the prices of the two products that maximize profit product A quantity act A price product B quantity product B price thousand dollars thousand dollars Find the maximum profit thousand doliars View Previou Question Question 5...