A lawn mower manufacturer has found that the revenue, in dollars, from sales of zero-turn mowers is
Question:
A lawn mower manufacturer has found that the revenue, in dollars, from sales of zero-turn mowers is a function of the unit price p, in dollars, that it charges. If the revenue R is
What unit price p should be charged to maximize revenue? What is the maximum revenue?
Transcribed Image Text:
R(p) 1.2 2 + 2900p
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
Rp 1 20 p 2900p a2 1 0 the graph is a parabola that is 2 b2...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
The John Deere company has found that the revenue, in dollars, from sales of riding mowers is a function of the unit price p, in dollars, that it charges. If the revenue R is what unit price p should...
-
The John Deere company has found that the revenue from sales of heavy-duty tractors is a function of the unit price p, in dollars, that it charges. If the revenue R, in dollars, is (a) At what prices...
-
The demand for tickets to an amusement park is given by p = 70 0.02q, where p is the price of a ticket in dollars and q is the number of people attending at that price. (a) What price generates an...
-
QUESTION 9 The output expression for an AND-OR-Invert circuit having one AND gate with inputs A, B and C and one AND gate with inputs D, E and Fis O(A+B+C)(D+E+F) O (A+B+C)(D+E+F) ABC + DEF...
-
For each category of business processes (revenue, expenditure, conversion, administrative), give an example of a business process.
-
When a least squares line is fit to the 10 observations in the real estate sales price data, we obtain SSE = 896.8. Calculate .s2 and .S.
-
Mary Kay Morrow began working for Hallmark in 1982. At the beginning of 2002, Hallmark adopted the Hallmark Dispute Resolution Program, which required, among other things, that claims against the...
-
a. Prepare a plot of the CPI data. Based on this plot, which of the time series forecasting techniques covered in this chapter would not be appropriate for forecasting this time series? b. Apply...
-
The number of admissions to all types of hospitals in a country between 1989 and 1996 can be described by the function A(t) = 35.283t2-1053.78t+40,539.967 thousand people where t is the number of...
-
In Problems 6572, determine, without graphing, whether the given quadratic function has a maximum value or a minimum value, and then find the value. f(x) = -5x + 20x + 3
-
Problems 110119 are based on material learned earlier in the course. The purpose of these problems is to keep the material fresh in your mind so that you are better prepared for the final exam....
-
Suppose that cigarette sales in the United States between 1910 and 2010 are described by the equation S = 130 + 18t 0.12t 2 , where S is total sales (in billions) and t = 0 in 1910, t = 1 in 1911,...
-
How do budget officers use non-financial and accrual-based cost information in the budget process?
-
The Essentials of Technical Communication (Tebeaux & Dragga), Oxford U. Press, Third Edition - Chapter 7 This chapter offers a comprehensive overview of tips, concerns, and issues associated with...
-
Write a c++ program to calculate the area of rectangle and area of triangle Input for rectangle: length, width Input for triangle: base, height .Out put Rectangle triangle Length = base= Width =...
-
You are working with a child named Vivienne. You have noticed that Vivienne often sits by herself while other children are playing she does not seem to know how to make friends or how to enter...
-
This first essay will explore one moment in your life that has come to define you as a student that is either entering college for the first time or returning to college after several attempts.
-
Really Welcome, Inc., a tax-exempt organization, receives 30% of its support from disqualified persons. Another disqualified person has agreed to match this support if Really Welcome will appoint him...
-
The age-old saying for investing is "buy low and sell high," but this is easier said than done. Investors who panic about falling prices sell their investments, which in turn lowers the price and...
-
Consider the function (x) = a(x - h) 2 + k, for a > 0.
-
Consider the function What are the coordinates of the lowest point of its graph?
-
Consider the function Under what conditions will its graph have one or more x-intercepts? For these conditions, express the x-intercept(s) in terms of a, h, and k.
-
Imagine you represent your company at a service organization dealing with one of these two issues: Facing Economic Change Engaging Civil Rights Your supervisor has asked you to research information...
-
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $85,400. The machine's useful life is estimated at 20 years, ar 402,000 units of...
-
Joe just decided to retire from the University of Miwsukee atter 3 0 years of service. As he goes through the retirement process, he learns the details of his defined benefit pension UM affers its...
Study smarter with the SolutionInn App