The John Deere company has found that the revenue, in dollars, from sales of riding mowers is

Question:

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

R(p) + 1900p

what unit price p should be charged to maximize revenue? What is the maximum revenue?

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

Step by Step Answer:

Related Book For book-img-for-question

Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

See More Books

Question Posted: Dec 31, 2018 10:43 AM

See More Questions

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 DeWitt Company has found that the rate of change of its average cost for a product is where x is the number of units and cost is in dollars. The average cost of producing 20 units is $40.00. (a)...
A trucking company has found that its trucks average 0.2 breakdowns during round trips from New York to Los Angeles. a. What is the probability that a single truck will make the complete trip without...
Patients who undergo chronic hemodialysis often experience severe anxiety. Videotapes of progressive relaxation exercises were shown to one group of patients and neutral videotapes to another group....
A newspaper company in Southeast United States has experienced rapid growth. However, in the past two years, competition has increased with two new newspapers in your area and the expansion of...
Car A is traveling at 25 mi/hr and applies the brakes at the position shown so as to arrive at the intersection C at a complete stop with a constant deceleration. Car B has a speed of 40 mi/hr at the...
Consider the simple linear regression model fit to the weight and blood pressure data in Problem 2.10. Problem 2.10 The weight and systolic blood pressure of 26 randomly selected males in the age...
Can Marta sue Chelene for fraudulent misrepresentation? Why or why not? What element(s) might be lacking? Chelene had been a caregiver for Martas eighty-year-old mother, Janis, for nine years....
(b) What risk factors might pertain to a private equity investment in the pandemic? (9 marks) (c) Explain how a MBO deal is usually structured both in terms of its corporate/legal structure and its...
Citron Company is a U.S.-based citrus grower. On October 1, 2019, the company entered into a contract to ship 25,000 boxes of grapefruit on January 28 to Japan. Payment of 50,100,000 yen is to be...
The marginal cost C (in dollars) of manufacturing x cell phones (in thousands) is given by C(x) = 5x 2 + 200x + 4000 (a) How many cell phones should be manufactured to minimize the marginal cost? (b)...
Suppose that the manufacturer of a gas clothes dryer has found that, when the unit price is p dollars, the revenue R (in dollars) is R(p) = - 4p 2 + 4000p What unit price should be established for...
A testamentary trust is created by will and begins on the settlors death. (True/False)
Dr. Dante DeMarco, dermatologist, wants to provide fringe benefits to his staff. Which fringe benefits can be provided income-tax free to his employees? I. 50 percent off on microdermabrasion. II....
Based on the history review of the mortgage market presented at the beginning of the chapter, can we say that the originate-to-distribute model is a recent business model?
A self-assessed risk-averse client wants to accumulate wealth. Of the following, which is the most critical action the personal financial planner should accomplish to assist the client in the...
Who qualifies for a dependent care assistance plan? I. A dependent child who was under the age of 18 when the care was provided. II. A dependent who is mentally or physically challenged. III. A...
Pats 58-year-old husband Dennis recently died. He was employed by FastFood, Inc. at the time of his death. She brings Dennis retirement plan summary description to you for review. The...
Will the unions in the United States grow or decline over the next decade? Why?
Define the term utility software and give two examples.
In Problems 1968, solve each equation, if possible. 0.9t = 1 + t
In Problems 1968, solve each equation, if possible. (x + 2)(x 3) = (x + 3)
In Problems 1968, solve each equation, if possible. 0.2m = 0.9 + 0.5m
If the local professional basketball team, the Sneakers, wins today's game, they have a 3 chance of winning their next game. If they lose this game, they have a chance of winning their next game. a)...
There is a function f of the form .12 f(x) = ax + x 13 for which f(0.1) = 6.06 10 and (0.9) = 0.03577. Determine a and B, and assess the sensitivity of these parameters to slight changes in the...
The order states: Give antihistamine elixir 2.5mg/kg/dose PO q4h. The patient weighs 143lbs. The drug is available as Antihistamine Elixir 200mg in every 8mL. Answer each of the following questions. ...

The John Deere company has found that the revenue, in dollars, from sales of riding mowers is

Question:

R(p) + 1900p

Step by Step Answer:

Since a 12 0 the graph is a parabola that o...View the full answer

Precalculus

Students also viewed these Mathematics questions