Question: A CD store determines the following demand function for a particular CD q = D(x) = 1 430 -x, where q =the number of CDs

A CD store determines the following demand function for a particular

A CD store determines the following demand function for a particular CD q = D(x) = 1 430 -x, where q =the number of CDs sold per day when the price per CD is x dollars. At what price is the revenue a maximum? Round your answer to the nearest dollar. O A. $21 OB. $17 O C. $14 O D. $15

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

High Wire Graphx determines the following demand function for a new app: q = D ( x ) = 5 0 e - 0 . 3 7 x where q is the number apps sold per day when the price is x dollars per app. Find the...

question is cut into 2 parts so its easier to read A CD store determines the following demand function for a particular CD q=D(x)=330x2, where q " the number of CDs sold per day when the price per CD...

5. Suppose the monthly cost, in dollars, of producing x day packs is and currently 30 day packs are produced monthly. C(x)= 0.001x 3 + 0.07x 2 + 19x + 550 a: What is the current monthly cost? b: What...

An investor is analyzing the costs of two-year, European options for aluminum and zinc at a particular strike price. For each ton of aluminum, the two-year forward price is 1400, a call option costs...

Please show all work to the problem so I understand how to do it. Thank you very much for your help. Sunshine Gardens determines the following demand function during the early summer for tomato...

Do Homework - Chapter 10 Homework - Google Chrome X "mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=659493833&questionld=1&flushed=false&cld=7584450¢erwin=yes BUS 505 Multinational...

EX16_XL_CH09_GRADER_CAP_AS - Downtown Theater 1.5 Project Description: You are an accounting assistant for Downtown Theater in San Diego. The theater hosts touring plays and musicals five days a...

answer should be in this boxes: 4 Assessment Task Manual Accounting Electric-bike Store ances Mailings Review View Table Design Layout Tell me A 21 T AaBbCaddi ABC AaBbCodi AaBbccbd AaBbceDd No...

0 Question 1 [3 0/1 pt '0 3 23 99 (9 Details The total cost, in dollars, to produce q items is given by the function C(q) = 56,000 + 21.40q . Find the total cost of producing 600 items. 5 Find the...

Please help me with the following 28 questions! Only answer if you know the answers for sure. 1). A computer was purchased new in 2015. This table shows its value since 2015. Year Value of Computer...

Consider the following statements about solving dynamic programming problems. Label each statement as true or false, and then justify your answer by referring to specific statements in the chapter.

Daniel has a marginal tax rate of 25%. He suddenly realizes that he neglected to include a $ 1,000 tax deduction. How will this over-sight affect his taxes?

Which o f the following i s a cubic function? f ( x ) = ( x - 4 ) 2 f ( x ) = x 3 + 8 f ( x ) = x 1 + 3 f ( x ) = | x 2 - 3 |

A firm with 5 million shares worth $50 each is considering issuing 200,000 warrants. Each warrant is giving the holder the right to buy one share with an exercise price of $100 in 5 years. You are...

If a country has a lower opportunity cost than its potential trading partner, the country should decide to be self sufficient. true or false

A pipe strut BC is loaded and supported as shown. The strut has a uniform cross-section and a mass of 50 kg. Determine the tension in the cable and the reaction(s) at support C. Assume height is...

Describe the strengths of the Democratic and Republic parties by region in Texas. Provide an understanding of why each party has certain strengths in particular regions within the state. Based on...

Using the following figures, determine closing book inventory (not all information given may be needed): Opening inventory Gross purchases RTV Cash discounts Markdowns Markdown cancellations Employee...

Tori and some other childeen experimented with balls to see which ones rolled. First using a piece of cardboard to use as a ramp, they angled it on a block to the floor to test the balls. Then Tori...

Intermediate A company manufactures and sells two products, X and Y. Forecast data for a year are: Annual fixed costs are estimated at 273 000. What is the break-even point in sales revenue with the...

identify and explain the assumptions on which cost- volume-profit analysis is based; LO1

calculate break-even points for multi-product situations. LO1