User Account

All Pages

Define the average revenue as a function

Assignment Help Mathematics
Reference no: EM131563778

Question: MAXIMIZING REVENUE The average revenue is defined as the function

R¯(x) = R(x)/x          (x > 0)

Prove that if a revenue function R(x) is concave downward [R"(x) = 0], then the level of sales that will result in the largest average revenue occurs when R(x) = R'(x).

Reference no: EM131563778

Questions Cloud

Read carlson appreciation and the natural environment : Read Carlson_Appreciation and the Natural Environment.Watch Rivers and Tides: Andy Goldsworthy Working with Time.
Research paper on formalist criticism : apply Formalist Criticism to one of the stories we've read for class so far. I want you to prove your premise/thesis with direct quotes
Explain the concept of creative tension : Explain the concept of creative tension. Describe/discuss a situation where you have recognized that you are experiencing creative tension.
How do appeals change when audience or subject matter change : How do appeals change when the audience or subject matter changes? What about the ads tell you that they are appealing to that audience(s)?
Define the average revenue as a function : Prove that if a revenue function R(x) is concave downward [R"(x) = 0], then the level of sales that will result in the largest average revenue occurs.
Compute the present value of payments made in years : Given a 5 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,250, $1,450, $1,450, and $1,750.
Show velocity of blood is greatest along the central axis : VELOCITY OF BLOOD According to a law discovered by the 19th-century physician Jean Louis Marie Poiseuille, the velocity (in centimeters/second).
Determine the success of the interventions : What would you do to determine the success of the interventions?
Find the growth rate of the country gdp : GDP OF A DEVELOPING COUNTRY A developing country's gross domestic product (GDP) from 2000 to 2008 is approximated by the function.

Reviews

Write a Review

Mathematics Questions & Answers

  Questions on ferris wheel

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Logistic map

This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.

  Finding the probability of cards

This assignment has questions related to probabiltiy.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Derive the boolean expression

Derive the Boolean Expression and construct the switching circuit for the truth table stated

  System of equations

Evaluate which equations are under-identified, just-identified, and over-identified.

  Linear programming problem

Linear programming problem consisting of only two constraints with one objective function.

  Find the natural domain

Find the natural domain of the given functions.

  Introduction to numerical methods

Compute the coecients of the polynomials using the term recurrence relation.

  Chart of the topological manifold

De?nition of smoothness of functions on a smooth manifold is chart independent and hence geometric.

  Mathematics in computing

Questions related on mathematics in computing.

  Complex problems

Complex problems

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd