How much revenue will the manufacturer receive

Assignment Help Mathematics
Reference no: EM13190078

It is estimated that the demand for a manufacturer's product is increasing exponentially at an instantaneous rate of 3% per year. If the current demand is increasing by 8000 units per year and if the price remains fixed at $250 per unit, how much revenue will the manufacturer receive from the sale of the product over the next 3 years?

Reference no: EM13190078

Questions Cloud

Use method of undetermined coefficient : Use Method of undetermined coefficient to find a particular solution. Then write the general solution.
Depict the expanded structural formula : Draw the expanded structural formula for the following condensed formula.
Most employees who take legal action : Do you think that most employees who take legal action against their employers have valid claims or are they looking to “get something for nothing?” What is the basis for your opinion?
Compose conceptual data modeling techniques : Explain the fundamentals of how data is physically stored and accessed and compose conceptual data modeling techniques that capture information requirements - design a relational database so that it is at least in 3NF.
How much revenue will the manufacturer receive : It is estimated that the demand for a manufacturer's product is increasing exponentially at an instantaneous rate of 3% per year. If the current demand is increasing by 8000 units per year.
State how many grams of urea were dissolved to make : The solution freezes at -0.085C. How many grams of urea were dissolved to make this solution? Please show work
What will be the likely temperature in container : What will be the likely temperature in container C if the water in container A is 90 degrees Celcius and the water in container B is 50 degrees Celcius are poured in ?
What would be implied by a positive price elasticity : Explain why the price elasticity of demand is generally a negative number, except in the cases where the demand curve is perfectly elastic or perfectly inelastic. What would be implied by a positive price elasticity of demand
Use method of undetermined coefficient to find a particular : Consider y''+9y=t^2(cos(3t)+4sin(3t)). This has homogeneous solution C1cos(3t)+C2sin(3t). Use method of undetermined coefficient to find a particular solution.

Reviews

Write a Review

Mathematics Questions & Answers

  Important information about mathematics poisson distribution

Important information about Mathematics - Poisson Distribution, Metal plates are inspected regularly for flaws and average 2 flaws per square yard. Assume a Poisson process is applicable and calculate the probability of getting

  Computing probabilities of a dice game

Calculating probabilities of a dice game. Suppose someone gives you 9 to 2 odds that you cannot roll two even numbers with the roll of two fair dice. This means you win $9.00 if you succeed and you lose $2.00 if you fail.

  Basic permutation example

Sarah, Jolly and Betty are female triplets. They and their 10 cousins are posing for a series of photographs. One pose involves all 13 children. How many ways can the 7 boys and 6 girls be arranged in one row under each of the following conditions..

  What is the largest number of floors that building

An apartment building has seven elevators. Each elevator stops on at most six floors. You can get to any one flooor from any other floor without changing elevators (if you take the right elevator). What is the largest number of floors that buildin..

  Test to see if population means are the same or different

Test to see if population means are the same or different

  Determining complement graphs

Let G be a simple graph with no isolated vertex and no induced subgraph with exactly two edges. Prove that G is a complete graph. (Please read carefully the definition of an induced subgraph before you attempt to solve it!).

  How far has each car traveled

Two cars leave an intersection at the same time, one traveling north and the other traveling east. Some time later, they are 20 miles apart, and the car going east has traveled 4 miles further than the other car.

  Information about linear algebra-wronskian

Compute the Wronskian of the given set of functions, then determine whether the function is linearly dependent or linearly independent: x^2 - x, x^2 + x, x^2, all x

  Explain isomorphisms and automorphisms

Isomorphisms and automorphisms, This week lecture is taught about Isomorphism, automorphism and Inner automorphism, but I don't understand what they are.

  Determine the expected value of x

Determine the expected value of X

  Coin combination probability

Suppose you have 50 American coins totaling exactly $1. This includes at least one quarter, and may contain nickels, dimes, and/or pennies.

  What is the maximum number of plants she can plant

Darla wants to plant strawberries in her rectangular garden. If the dimensions of the garden are ' by ' and each plant must be 3 feet away from any other plant or any edge, what's the maximum number of plants she can plant?

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