Find the ratio of cost change to the unit price

Assignment Help Mathematics
Reference no: EM132059768

The cost of producing q units of a product is given by C = 5500 + 12q + 0.2q2. If the price of p units is given by the equation q = 900 - 1.5p

Use the chain rule to find the ratio of cost change to the unit price when p = 85.

Reference no: EM132059768

Questions Cloud

What is castle state bank equity multiplier : Provision for loan losses 61.77, Securities gains (losses if negative) 7.563, Taxes 45.788. What is Castle State Bank's equity multiplier?
What is the difference between cash and bank reconciliation : What is difference between cash reconciliation and bank reconciliation? Are there any specific methods or rules that pertain to cash reconciliation
Compute the discounted payback period for project : Compute the discounted payback period for Project C.
Payback period years should project be accepted or rejected : Compute the payback period for Project A. Payback period years Should the project be accepted or rejected?
Find the ratio of cost change to the unit price : Use the chain rule to find the ratio of cost change to the unit price when p = 85.
What is bank change in net worth : Currently, market interest rates are 10 percent. If interest rates fall by 2 percent (to 8 percent), what is this bank's change in net worth?
Advise the company as to the preferable alternative : Albacore Limited is interested in acquiring the services of a highly qualified engineering professional. Advise the company as to the preferable alternative
Hypotheses of the mvt on the given interval : Verify that the given function f satisfies the hypotheses of the MVT on the given interval [a, b].
What is the nash-cournot eqilibrium : Derive the profit maximizing supply for a monopoly suppling demand in the industry - What is the operating profit for this firm

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!

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