User Account

All Pages

Report the revenue function

Assignment Help Mathematics
Reference no: EM131373220

Problem: The demand equation for a product is given by p = 500 - 0.01q dollars per unit where q is the number of units demanded.

a. Report the Revenue function.

b. If the cost of producing "q" units is given by C (q) =3000 +20q + 0.03q^2 find the profit function.

c. Use CALCULUS to estimate the profit generated by the sale of the of the 152nd unit. How does this compare with the EXACT profit generated by selling the 152nd unit? Include correct units. Do not round values.

d. For which value is marginal profit zero? Interpret your answer. Include correct units. What is the significance of the point where the marginal profit is zero?

Reference no: EM131373220

Questions Cloud

Develop a literature review in which to synthesize : An implementation plan prepares students to apply the research they have identified and vetted to the problem or issue they have identified for their Capstone Change Proposal Project. A literature review enables students to map out and move into t..
What happens if an exception is thrown outside a try block : What happens if no catch handler matches the type of a thrown object?
Group of symmetries of a regular pentagon : Consider the group of symmetries of a regular pentagon. Interpret (geometrically) the following (1 3 5 2 4) and (2 5)(3 4).
List five common examples of exceptions : Give several reasons why exception-handling techniques should not be used for conventional program control.
Report the revenue function : Problem: The demand equation for a product is given by p = 500 - 0.01q dollars per unit where q is the number of units demanded. a. Report the Revenue function.
Algorithm to sort the array of strings named colors : Use the remove_if algorithm to remove from the vector of strings named colors all of the strings that start with "bl". Function startsWithBL returns true if its argument string starts with "bl". Store theiterator that the algorithm returns in newL..
Define epistemology and describe the three models : Define epistemology and describe the 3 models of how certain we are that our perceptions mirror reality. Which position do you hold, and why
What are some nursing implications for carla : Carla, a 27-year-old white single mother of two preschool-age children, is in the psychiatric hospital for treatment of anxiety and depression. Carla has a cardiac condition that requires surgery. Carla is concerned over the financial cost of t..
Explain the push pop front and back operations of a queue : How does inserting an item in a priority_queue differ from inserting an item in virtually any other container?

Reviews

Write a Review

Mathematics Questions & Answers

  How fast is the water level rising when the water

a trough is 10 feet long and its ends have the shape of isosceles triangles that are 3 feet across at the top and have a height of 1 foot. if the trough id being filled with water at a rate of 12ft3/min, how fast is the water level rising when the..

  How many numbers will you have to compute

You want to create a mileage grid showing the distance between every pair of the 50 U.S. state capitals. How many numbers will you have to compute?

  Which of the vertical traces are parabolas opening up

Notice that all of the vertical traces are parabolas whether these vertical traces are in the planes x = a. Which of these vertical traces are parabolas opening up and which are parabolas opening down?

  Chamber of commerce community profile

Locate your local Chamber of Commerce's community profile either online or in printed material that describes your local community. Write a three to four (3-4) page paper on the following:

  What was the average speed for this event

at the 2006 Winter Olympics in Torino, Italy, U.s. speed skater Apolo Ohno took the gold medal for 500m sprint by completing the course in 41.935s. what was the average speed for this event?

  Finding unknown variables at the same time

Currently need help with adding matrices while finding unknown variables at the same time. my problem is as follows: Solve for u, x, y, and z in the given matrix equation.

  Write the equation of the line which has a slope of 8/9

Write the equation of the line which has a slope of 8/9

  Estimate the population after many months

Estimate the population after many months - for example many years into the future.

  Find the rate at which the distance from the plane

A plane flying horizontally at an altitude of 2 mi and a speed of 540 mi/h passes directly over a radar station. Find the rate at which the distance from the plane to the station is increasing when it is 5 mi away from the station. (Round your ans..

  The management of a software firm wishes to develop an

the management of a software firm wishes to develop an airline reservation system. in order to fulfill the contract

  Swindle and forgery involving a gm cash rebate program

Christy Pontiac, a corporation, was indicted for theft by swindle and forgery involving a GM cash rebate program. Hesli, a middle-management employee of Christy Pontiac, had forged the cash rebate applications for two cars so that the rebate money..

  What dimensions should the rectangle be

A rancher wants to use 200 feet of fencing to enclosed a rectangular are of 1600 square feet. What dimensions should the rectangle be?

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