The price p, in dollars, of a certain commodity and the quantity x sold obey the demand

Question:

The price p, in dollars, of a certain commodity and the quantity x sold obey the demand equation

Suppose that the cost C, in dollars, of producing x units is

Assuming that all items produced are sold, find the cost C as a function of the price p.

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: Jan 15, 2019 12:59 PM

See More Questions

The cost (in dollars) of producing units of a certain commodity is C(x) = 5000 + 10x + 0.05x2. (a) Find the average rate of change of C with respect to when the production level is changed (i) From x...
The cost, in dollars, of producing units of a certain commodity is C(x) = 920 + 2x - 0.02x2 + 0.0007x3 (a) Find the marginal cost function. (b) Find C'(100) and explain its meaning. (c) Compare...
Suppose that P, the price of a certain commodity (in dollars), and S, its total sales (in 10,000 units), are random variables whose joint probability distribution can be approximated closely with the...
a. Calculate the quick ratio of company B in FY2020. State what factors need to be considered when evaluating company B?s short-term liquidity and analyse the impact of these factors on the...
Using the results of MBA 13-6 and MBA 13-7, compare the operating results of Delta Air Lines (DAL) and Southwest Airlines (LUV)?
Determine whether the set of vectors in M2,2 is linearly independent or linearly dependent. 2-1 4 3 -7 A = B= C = 4 5 20 23
Consider the regression model in Problem 3.43. The value of the adjusted $R^{2}$ is Data From Problem 3.43 You have fit a linear regression model with three predictors to a sample of 50 observations....
1. Identify the main strategic issues facing ITV. 2. Suggest a number of strategic options that ITV might pursue. 3. Create tables to assess the SAFe of your strategic options (refer to Table 12.1)....
a) Consider the following proof of logical equivalence: Vx(P(x) Q(x)) = x(P(x) VQ(x)) =Vx(P(x) AQ(x)) = x(P(x) AQ(x))) =(3xP(x) xQ(x)) =(3xP(x)) V (x(Q(x))) =(3xP(x)) V (VxQ(x)) =(3xP(x)) > (VxQ(x))...
Sawyer's Lubricants produces a specialty oll for machine lubrication. The production facility can operate one shift, two shifts, or three shifts. The shift decision is made on a weekly basis, because...
In problem, use a graphing utility to solve each equation. Express your answer rounded to two decimal places. In x = -x 2
In problem, solve each equation. Express irrational solutions in exact form and as a decimal rounded to 3 decimal places. 5 x+2 = 7 x-2
Describe the structure of the worksheet and the accounting information it contains.
William has decided to increase his sales price to $ 2 6 to offset the supplier's price increase. He believes that the increase will result in a 5 % reduction from last year's sales volume. What is...
Record the following transactions for Tri - State Corporation on the dates indicated. 1 . On March 3 1 , 2 0 2 0 , Tri - State Corporation discovered that Depreciation Expense on equipment for the...
Some years ago, Zaid purchased a small parcel of land for $ 5 , 5 0 0 . That land has appreciated at 1 1 percent annually and is now valued at $ 8 9 , 7 6 0 . How long has Zaid owned this land?
The accountant of Simplex Cosmetics LLC informs the board that profits of the company for 2 0 X 6 are much lower than expected due to heavy repairs and maintenance expenses. An analysis of the...
It has been decided to install a machine in order to reduce the production costs in your company. In order to accomplish this, two machines have been selected. In both cases, the useful life of the...
Calculate the zero point energies for 1 H 19 F and 2 D 19 F. Compare the difference in the zero point energies to k B T at 298 K.
The baseball player A hits the ball from a height of 3.36 ft with an initial velocity of 34.8 ft/s. 0.14 seconds after the ball is hit, player B who is standing 15 ft away from home plate begins to...
In Problems 6786, solve each equation. e 3x = e 2x
In Problems 6786, solve each equation. 2 x = 16
In Problems 6786, solve each equation. 5 x = 5 6
Organizations in the construction industry monitor interest and unemployment rates. Any dramatic increases in these rates will negatively impact their industry. This is an example of what element of...
Emails and 24/7 chatbot system are two common forms of two-way addressable media used by Shoppee to sustain a learning relationship with customers. Let's examine how successfully these two media are...
Real estate development company normally set up investment committees who responsibles for making the investment decisions. as a member of the committee, and have the responsability for making sound...

The price p, in dollars, of a certain commodity and the quantity x sold obey the demand

Question:

-х + 200 0 sxs 1000 || Vĩ + 400 10 C :

Step by Step Answer:

Thus 1 px200 0x1...View the full answer

Precalculus

Students also viewed these Mathematics questions