A stereo manufacturer determines that in order to sell x units of a new stereo, the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A stereo manufacturer determines that in order to sell x units of a new stereo, the price per unit, in dollars, must be p(x) = 1000 -x. The manufacturer also determines that the total cost of manufacturing x units is given by C(x) = 3000 + 2x. Find the marginal profit when 4 sterios are sold. $900 O $990 none of the given options O $400 A stereo manufacturer determines that in order to sell x units of a new stereo, the price per unit, in dollars, must be p(x) = 1000 -x. The manufacturer also determines that the total cost of manufacturing x units is given by C(x) = 3000 + 2x. Find the marginal profit when 4 sterios are sold. $900 O $990 none of the given options O $400
Expert Answer:
Answer rating: 100% (QA)
Solution Given data D The price of dollas must be pce l co... View the full answer
Related Book For
Posted Date:
Students also viewed these mathematics questions
-
A stereo manufacturer determines that in order to sell x units of a new stereo, the price per unit, in dollars, must be p(x) = 1000 - x. The manufacturer also determines that the total cost (in...
-
A stereo manufacturer determines that in order to sell x units of a new stereo, the price per unit, in dollars, must be p(x) = 1000 - x. The manufacturer also determines that manufacturing x units is...
-
In Problem, p is the price per unit in dollars and q is the number of units. If the weekly demand function is p = 30 - q and the supply function before taxation is p = 6 + 2q, what tax per item will...
-
Use f(x) and g(x) to find a formula for each expression. Identify its domain. (a) (f + g)(x) (c) (fg)(x) (b) (f- g)(x) (d) (f/g)(x)
-
Which of the following bodies designated by Council have been authorized to promulgate general standards enforceable under Rule 201 of the AICPA Code of Professional Conduct? a. AICPA Division of...
-
Preventing the importation of gray goods legitimately manufactured outside of a country is, in reality, injurious to consumers and contrary to basic principles of unfair competition laws. What does...
-
Evans \& Sons is converting its sales revenues to corresponding cash amounts using the direct method. Sales revenue on the income statement are \(\$ 1,025,000\). Beginning and ending accounts...
-
Refer to Case 7-57, which describes Kwik Cleans environmental costs. Required (a) Of the costs listed by Pat Polley, identify which are explicit and which are implicit environmental costs. (b) Should...
-
Why would a manufacturer decide to outsource its logistics function?
-
What are the most significant differences between the AICPA and the PCAOB standard unmodified opinion audit reports?
-
Given the following information regarding an income producing property, determine the NPV using levered cash flows in your analysis: required equity investment: $273,000; $152,000 expected NOI for...
-
What impact has COVID - 1 9 had on Starbucks value chain? How does financial analysis assist in assessing a value chain?
-
1. Define organizational culture. 2. Explain the impact of organizational culture on employees. 3. Discuss the relationship between an organizations culture and employee engagement. 4. Describe the...
-
"How might incorporating personalized learning paths for employees impact their skill acquisition and overall performance within an organization's training and development program?"
-
14. A steady state, steady flow adiabatic turbine receives 20 kg/s of steam at 250C, 500 kPa. A second flow of steam enters the turbine at 300C, 1.60 MPa. The exiting flow of 48 kg/s is at 200 kPa...
-
Determine the moment of inertia of the composite area shown about the vertical centroidal axis. all plate .25" thick 2" O.D. x .25 wall tube
-
any assessment of grammar must reflect activities that have been practiced in the classroom. With this in mind, how might you effectively assess your students on the grammar in the lesson plan you c
-
How is use of the word consistent helpful in fraud reports?
-
Your economics professor assigns a group project for the course. Describe the freerider problem that can lead to a suboptimal outcome for your group. To combat this problem, the instructor asks you...
-
Over the last 40 years the Organization of Petroleum Exporting Countries (OPEC) has had varied success in forming and maintaining its cartel agreements. Explain how the following factors may...
-
Which of the following situations describes equilibrium? Which does not? If the situation does not describe equilibrium, what would equilibrium look like? a. Many people regularly commute from the...
-
Consider a publicly-held company whose products you are familiar with. Some examples might include: Access the companys public website and search for its most recent annual report. (Note: Some...
-
The 2014 financial statements of LVMH Moet Hennessey-Louis Vuitton S.A. are presented in Appendix C of this book. LVMH is a Paris-based holding company and one of the worlds largest and best-known...
-
San Francisco Sea Salt's controller prepared the following statements of cash flow (in thousands of dollars) for the past two years, the current year (2020), and the upcoming year (2021): After...
Study smarter with the SolutionInn App