Find what are the largest and smallest revenues

Assignment Help Mathematics
Reference no: EM1317893

Application of differential calculus: Maximization and Minimization.

You run a small furniture business. You sign a deal with a customer to deliver up to 400 chairs, the exact number to be determined by the customer later. The price will be $90 per chair up to 300 chairs, and above 300, the price will be reduced by $0.25 per chair (on the whole order) for every additional chair over 300 ordered. What are the largest and smallest revenues your company can make under this deal?

Reference no: EM1317893

Questions Cloud

Operational crm and analytical crm systems : Distinguish between operational CRM systems and analytical CRM systems
Predicting the standard z-scores : On which test did he do better compared to the rest of the class?
Find outing relate to economists traditional focus : Find outing relate to economist's traditional focus on Illustrate what people do, rather than Illustrate what they say they will do.
What is the possibility that it is blue or white : If you draw two balls without replacing the first one, what is the possibility that one ball is red and the other is white.
Find what are the largest and smallest revenues : Application of differential calculus: Maximization and Minimization and find what are the largest and smallest revenues your company can make under this deal?
Policymakers should have a detailed knowledge : Policymakers should have a detailed knowledge and profound understanding of all theoretical models and should design economic policy based on that knowledge.
Finding the slope : Finding the slope
Government imposes a limit on sales of a good or service : If the government imposes a limit on sales of a good or service by issuing a license that gives the owner the right to sell a given quantity of the good, the difference between the demand and supply price
Determine the dimensions of largest possible area : Determine the dimensions of largest possible area of a rectangular garden - What are the dlmensions area if $1200 is to be spent for fencing material?

Reviews

Write a Review

Mathematics Questions & Answers

  Find the value of the pronominal

Find the value of the pronominal.

  Evaluate the dominant behavior

Taylor expansion to find the dominant behavior of velocity - evaluate the dominant behavior of v(t), and also the first correlation to that dominant behavior.

  Derivative of the natural logarithm

Derivative of the natural logarithm by using the fundamental theorem of calculus - Evaluate the derivative of  y  = ln  x.   This solution below is not complete.

  Wff-formation rules

Question babsed on  wff-formation rules.  Let L be a language whose wff-formation rules are the following..

  Explain supply and demand diagrams

Explain Supply and demand diagrams

  Simplify the group as a finitely generated abelian group

Simplify the group as a finitely generated abelian group.

  Find the distance of the ship from the lighthouse

Find the distance of the ship from the lighthouse.

  Find whether the given expression is a function or not

Find whether the given expression is a function or not - Which of the following are functions? The last two problems, i.e., b & c, are multi part relations consider all parts when determining whether or not these relations are functions.

  Determine the displacement to the string

Determine the displacement y(x,t) to the string at any point at any subsequent time described by a function

  Estimate all the stationary points

Estimate all the stationary points

  Calculating the first derivative and critical point

Calculating the first derivative and critical point.

  How far is the airplane from the airport

Find the nearest distance using cosine rule - To the nearest KM, how far is the airplane from the airport?

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