The revenue for a manufacturer is R(x) thousand dollars, where x is the number of units of

Question:

The revenue for a manufacturer is R(x) thousand dollars, where x is the number of units of goods produced (and sold) and R and R are the functions given in Figs. 14(a) and 14(b).

(a) What is the revenue from producing 40 units of goods?

(b) What is the marginal revenue when 17.5 units of goods are produced?

(d) At what level(s) of production is the marginal revenue $800?

(e) At what level of production is the revenue greatest?

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

Step by Step Answer:

Related Book For book-img-for-question

Calculus And Its Applications

ISBN: 9780134437774

14th Edition

Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar

See More Books

Question Posted: Mar 21, 2023 08:17 AM

See More Questions

The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
The cost function for a manufacturer is C(x) dollars, where x is the number of units of goods produced and C, C, and C are the functions given in Fig. 15. (a) What is the cost of manufacturing 60...
A firm estimates that it can sell Qunits of its product with an advertising expenditure of x thousand dollars where Q = Q(x) = -x + 600x + 25 i) Over what level of advertising expenditure is the...
H. S. Black is noted for developing a negative feedback amplifier in 1927. Often overlooked is the fact that three years earlier he had invented a circuit design technique known as feed forward...
The following is a list of various terms and definitions associated with accounting information systems: a. Accounting information system b. Accounting transaction c. Account d. Double-entry...
Determine values for the constants n and k (Equation 10.17) for the crystallization of polypropylene (Figure) at 160?C. y = 1 - exp(-kt") (10.17) 1.0 0.8 0.6 140C 150C 160C 0.4 0.2 0.0 10 10 10? 104...
1. Describe "intangible" assets. 2. Is it possible for working capital to be negative? Retained earnings? Why? 3. The liquidity of assets is important to creditors. Does the liquidity of assets...
The Southland Corporation (Southland) owned the 7 Eleven trademark and licenses franchisees to operate convenience stores using this trademark. Each franchise is independently owned and operated. The...
A stock just paid a dividend of D 0 = $1.50. The required rate of return is r s = 16.0%, and the constant growth rate is g = 4.0%. What is the current stock price?
A matrix P R n,n is a permutation matrix if its columns are a permutation of the columns of the n x n identity matrix. 1. For a n x n matrix A, we consider the products PA and AP. Describe in simple...
Draw the graph of a function y = f(x) with the stated properties. The function decreases and the slope increases as x increases.
Which of the following data dictionary objects should be used to view information about the constraints in a database? a. USER_TABLES b. USER_RULES c. USER_COLUMNS d. USER_CONSTRAINTS e. None of the...
Explain the outcome of each of the following boolean expressions: C = 41 C == 40 C != 40 and C < 41 C != 40 or C < 41 not C == 40 not C > 40 C
Give an five page explanation on the paragraph: Organizing a tune competition event requires careful consideration of various risks and stakeholders involved. By conducting a thorough risk assessment...
Evaluate y=x+_cx for _c = 0 and x = 1 and for _c = 1 and x = 1 where c is an active-low signal.
4. The following function is called in a privileged program. The argument str points to a string that is entirely provided by users (the size of the string is up to 300 bytes). When this function is...
Use Monte Carlo to estimate the integral 0 = (32 (3x - 2x-10)dx. Perform this calculation m = 1000 times each for Monte Carlo sample sizes of n = 1000, n 10,000, and n 100,000. For each n, plot a...
Define selective pressure and explain how it can alter traits in a species.
The National Collegiate Athletic Association (NCAA) and the National Federation of State High School Associations (NFHS) set a new standard for non-wood baseball bats. Their goal was to ensure that...
Differentiate the functions in Problems. Assume that A and B are constants. z = cos(4)
Find the derivative. Assume that a, b, c, and k are constants. f(z) = ze z
Find the derivative. Assume a, b, c, k are constants. y = 3x 4 4x 3 6x
A very long thin wire carries a linear charge density of 2 . 3 3 x 1 0 - 5 C / m . Determine the electric field magnitude at a distance of 1 6 . 7 cm from the middle of the length of wire. ( K = 1 /...
Determine the absolute pressure on the bottom of a swimming pool 3 0 . 0 m by 9 . 0 m whose uniform depth is 2 . 0 m . Determine the total force on the bottom of a swimming pool.
A 1 5 0 0 kg car is traveling on the road, to slow down at a rate 1 0 m / s how much force do the breaks need to apply to the car?

The revenue for a manufacturer is R(x) thousand dollars, where x is the number of units of

Question:

Y 80 70 60 50 40 30 20 10 y 3.2 2.4 1.6 8 -1.6 -2.4 -3.2 -8- -y = R(x) 10 10 20 (a) 20 30 y = R'(x) - 40 30 40 (b) Figure 14 Revenue function and its first derivative. *

Step by Step Answer:

a Since R40 75 the revenue is 75000 b Since R175 32 the marginal revenue is about 3200 pe...View the full answer

Calculus And Its Applications

Students also viewed these Mathematics questions