Find the rate of increase in revenue

Assignment Help Mathematics

Reference no: EM131008635

A manufacturer of precision digital switches has daily cost C and revenue R functions of C(x) = 10,000 + 5x and R(x) = 7x -x²/2000 respectively, where x is the daily production of switches. Production is increasing at the rate of 80 switches per day when production is 1000 switches.

Find the rate of increase in cost when production is 1000 switches per day. dollars/day

Find the rate of increase in revenue when production is 1000 switches per day. dollars/day

Find the rate of increase in profit when production is 1000 switches per day. dollars/day

Reference no: EM131008635

Questions Cloud

Calculate variance and standard deviation for this data set : Verify that, except for the effect of rounding, the sum of the deviations from mean is equal to 0 for this data set. (If you rounded the sample mean or the deviations, your sum may not be exactly zero, but it should be close to zero if you have co..

Problem regarding the radio ads : A company is willing to renew its advertising contract with a local radio station only if the station can prove that more than 20% of the residents of the city have heard the ad and recognize the company's product. The radio station conducts a ran..

How fast is the balloon rising at the given moment : At a certain moment, the angle between the observer's line of sight and the horizontal is π/5, and it is changing at a rate of 0.5 rad/h. How fast is the balloon rising at this moment?

What additional information would have been provided : Below is another quote from the paper. In this quote, the author reports the mean number of minutes of cell phone use per week for those who participated in the survey. What additional information would have been provided about cell phone use beha..

Find the rate of increase in revenue : Find the rate of increase in revenue when production is 1000 switches per day. Find the rate of increase in profit when production is 1000 switches per day. dollars/day.

Determining the credit card debt : The average household credit card debt has been reported to be between $8000 and $10,000. Often of interest is the average credit card debt carried by college students. In 2008, the average credit card debt for college students was reported to be ..

How should the reaction be tamed out to produce : How should the reaction be tamed out to produce 100 kmol of C per day - Raw mataials are pure A and B. Undesired co-products also farmed include BO and BA.

What was your greatest loss so far in your life : What was your greatest loss so far in your life? What exactly happened? Did you experience any different physical symptoms as a result of this loss

Number of advertised brand names : Ad recall. In Exercises 54 and 56, we see the number of advertised brand names people recalled immediately after watching TV shows and 24 hours later. Strangely enough, it appears that they remembered more about the ads the next day. Should we con..

User Account

All Pages