In Problem find the indicated function if cost and revenue are given by C(x) = 145 +
Question:
In Problem find the indicated function if cost and revenue are given by C(x) = 145 + 1.1x and R(x) = 5x - 0.02x2, respectively.
Average profit function
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
Cost function Cx 145 11x Revenue f...View the full answer
Answered By
Hardik Dudhat
I am semi-qualified Chemical Engineering ,I have scored centum in accounting in my senior secondary and in my graduation. I have always helped my fellow students with their concerns on the subject, i have tutored on various tutoring sites in the past and also have taken home tuitions for degree and MBA students. As a tutor, I don't want my students to just get a solution, I want them to understand the concept and never have a doubt in that area thereon and i believe in excelling and not in educating.
0.00
0 Reviews
10+ Question Solved
Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
Question Posted:
Students also viewed these Mathematics questions
-
In problem find the indicated quantities for y = f(x) = 3x2. (A) (B) what does the quantity in part (A) approach as Îx approaches 0? f (2 +ax)-/(2) (simplify)
-
In Problem find the indicated function f of a single variable. f(y) = M(y, y) for M(x, y) = x 2 y - 3xy 2 + 5
-
In Problem find the indicated function f of a single variable. f(y) = K(4, y) for K(x, y) = 10xy + 3x - 2y + 8
-
Its estimated that the average corporate user sends and receives some 112 e-mails daily.78 Thats about 14 e-mails per hour, and even if half of those dont require a lot of time and concentration,...
-
Why does the textbook author focus on coordination rather than on scarcity when defining economics?
-
You are an IT consultant, and you are asked to create a new system for a small real estate brokerage firm. Your only experience is with traditional data and process modeling techniques. This time,...
-
Assume that cash flow is given by \(y=S_{T} W+\left(F_{T}-F_{0} ight) h\). Let \(\sigma_{S}^{2}=\operatorname{var}\left(S_{T} ight), \sigma_{F}^{2}=\operatorname{var}\left(F_{T} ight)\), and...
-
Jasper Fruits Corporation wholesales peaches and oranges. Barbara Jasper is working with the company's accountant to prepare next year's budget. Ms. Jasper estimates that sales will increase 5...
-
What are the ethical considerations surrounding resilience promotion, particularly in vulnerable populations, and how can interventions be designed to empower individuals without inadvertently...
-
Brent, Matt, Chris, Brad, and Anwer are five unrelated shareholders who each own 20 of the 100 outstanding shares of Aggie Corporation. On June 30 of this year, Aggie distributed $100,000 in cash to...
-
In Problem find the indicated function if cost and revenue are given by C(x) = 145 + 1.1x and R(x) = 5x - 0.02x 2 , respectively. Marginal average profit function
-
In Problem evaluate dy and y for each function for the indicated values. y = f (x) = x 2 - 3x + 2; x = 5, dx = x = 0.2
-
Perry Corporation has the following information for its portfolio of trading securities at the end of the past four years: Required: 1. Prepare the journal entries, if necessary, to adjust the...
-
One of Warren Buffett's acquisition criteria is to invest in businesses "earning good return on equity." The return on equity (ROE) formula uses both net income and stockholders' equity. Why is it...
-
Explain the concept of liquidity and why it is crucial to company survival.
-
Users of financial statement information are vitally concerned with the company's strategic direction. Despite their understanding of this need for information, companies are reluctant to supply it....
-
Why is it important to disaggregate RNOA into operating profit margin (NOPM) and net operating assets turnover (NOAT)?
-
Gross profit margin (Gross profit/Sales) is an important determinant of NOPAT. Identify two factors that can cause gross profit margin to decline. Is a reduction in the gross profit margin always bad...
-
Which of the following ketones has the largest equilibrium constant for the addition of water? CH3O OCH3 O2N NO2
-
Write the statement to store the contents of the txtAge control in an Integer variable named intAge.
-
The sign on the elevator in an office tower states, Maximum Capacity 1,140 kilograms (2,500 pounds) or 16 Persons. A professor of statistics wonders what the probability is that 16 persons would...
-
Refer to Exercise 9.26. Does your answer change if you discover that mortgages are not normally distributed?
-
Statisticians determined that the mortgages of homeowners in a city is normally distributed with a mean of $250,000 and a standard deviation of $50,000. A random sample of 100 homeowners was drawn....
-
Tim Drinking, Inc. used a predetermined overhead allocation rate to allocate of indirect costs to the Filling Department and the Packaging Department journal entry to record the allocation of...
-
What are the key principles of management, and how do they contribute to effective organizational practices?
-
Discuss the impact of globalization on small businesses in developing countries. Analyze the advantages and disadvantages of globalization for small businesses, and provide recommendations for...
Study smarter with the SolutionInn App