Profit Suppose the profit from the sale of x units of a product is P 50x 300 0 01x 2 (a) What level(s) of production will yield a profit of $250 (b) Can a profit of more than $250 be made ...

a b Yes Try P4000 and P5000 P4 ...

Profit Suppose the profit from the sale of x units of a product is P = 50x

Question:

Profit Suppose the profit from the sale of x units of a product is P = 50x – 300 – 0.01x².

(a) What level(s) of production will yield a profit of $250?

(b) Can a profit of more than $250 be made?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Mathematical Applications For The Management, Life And Social Sciences

ISBN: 9781337625340

12th Edition

Authors: Ronald J. Harshbarger, James J. Reynolds

See More Books

Question Posted: Oct 06, 2020 12:33 AM

See More Questions

Suppose that the daily profit (in dollars) from the production and sale of x units of a product is given by At what rate per day is the profit changing when the number of units produced and sold is...
The daily profit from the sale of x units of a product is P = 80x - 0.4x2 - 200 dollars. (a) What level of production maximizes profit? (b) What is the maximum possible profit?
Suppose that the marginal revenue from the sale of x units of a product is MR = R'(x) = 6e0.01x. What is the revenue in dollars from the sale of 100 units of the product?
A three-dimensional elasticity problem of a uniform bar stretched under its own weight gives the following strain field: where A and B are constants. Integrate the strainedisplacement relations to...
Suppose you receive 10 on the first day of the year, 12 on the 2nd day, 14 on the 3rd day, and so on. a) How much will you receive on the 365th day? [8.2] b) What is the sum of these 365 gifts? [8.2]
SONET clocks have a drift rate of about 1 part in 109. How long does it take for the drift to equal the width of 1 bit? Do you see any practical implications of this calculation? If so, what?
A two-dimensional, unsteady velocity field is given by \[ u=5 x(1+t) \quad \text { and } \quad v=5 y(-1+t) \] where $u$ is the $x$-velocity component and $v$ the $y$-velocity component. Find...
Coleman and Rizzuto, architects, have been using a simplified costing system in which all professional labor costs are included in a single direct cost category, professional labor; and all over head...
A 8 . 3 2 m deep aquiarium has a glass observation window. The window is 2 . 5 6 m high by 4 . 7 m wide. If the bottom of the window is located 3 . 4 m above the bottom of the aquarium, how much...
Owen and Sonja Cornell are married. They are the parents of two children: Kirsten (born on July 1, 2000) and Ingrid (born on May 17, 2009). Ingrid does not have any income. Kirsten (SIN 805 232 329)...
Profit If the profit from the sale of x units of a product is P = 16x 0.1x 2 100, what level(s) of production will yield a profit of $180?
Using Social Security Administration data for selected years from 2012 and projected to 2050, the U.S. consumer price index (CPI) can be described by the equation C = 0.068t 2 + 1.8t + 96 where t is...
Is the circuit in Figure 3.65 combinational logic or sequential logic? Explain in a simple fashion what the relationship is between the inputs and outputs. What would you call this circuit?
How many times will the function named func be called when the following code is executed? 1 #include 2 int func(int n) { 3 4 5 6 } 7 8 int 9 10 } if (n
Suppose that you have a randomized algorithm that estimates some quantity. It can err by providing an estimate that is too high or too low, which we will refer to as a bad estimate. However, with...
1. A 10.0kg lab cart, A, is pushed at 6.00m/s directly toward a 20.0kg lab cart, B, moving the opposite direction at 15.0m/s. The two carts collide and and cart A rebounds at 22.0 m/s. A. What is the...
At December 31, 2025 and 2026, Concord Corp. had outstanding 4200 shares of $100 par value 6% cumulative preferred stock and 20400 shares of $10 par value common stock. At December 31, 2025,...
Watch the following: Anchor, S. (2011, May). The happy secret to better work on TED [Video]. Ted Talk. https://www.ted.com/talks/shawn_achor_the_happy_secret_to_better_work/up-next Address the...
Identify the types of accounts (assets, liabilities, and so on) debited and credited for each of the five types of adjusting entries.
What tools are available to help shoppers compare prices, features, and values and check other shoppers opinions?
Use the matrix and initial probability vector in Problem 11 and find the resulting eighth probability vector. 0.5 0.3 0.2 0.3 0.5 0.2 0.1 0.1 0.8
Use the matrix and initial probability vector in Problem 12 and find the resulting ninth probability vector. 0.8 0.1 0.1 D = 0.2 0.6 0.2 0.4 0.3 0.3
Find the steady-state vector associated with the given transition matrix from Problems 9-12. 1. A 2. B 0.5 0.9 0.5 0.1 0.3 0.7 B = 0.9 0.1
Electric energy units are often expressed in "kilowatt-hours." (a) Show that one kilowatt-hour (k Wh) is equal to 3.6 x 10 J. (b) If a typical family of four uses electric energy at an average rate...
What are the ethical and safety implications of deadlocks in critical infrastructure systems, such as power grids or medical devices, and what measures can be taken to ensure high reliability and...
Discuss the economic rationale for fiscal decentralisation with reference to the Tiebout model. How would you characterise the empirical support for the model's implications?

Profit Suppose the profit from the sale of x units of a product is P = 50x

Question:

Step by Step Answer:

a b Yes Try P4000 and P5000 P4...View the full answer

Mathematical Applications For The Management, Life And Social Sciences

Students also viewed these Mathematics questions