Question: A revenue function is quadratic in nature. When x= 5, R= 50 whereas when x= 4, R= 48. Determine the revenue function.

A revenue function is quadratic in nature. When x= 5, R= 50

A revenue function is quadratic in nature. When x= 5, R= 50 whereas when x= 4, R= 48. Determine the revenue function.

Step by Step Solution

★★★★★

3.43 Rating (150 Votes )

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 General Management Questions!

Q:

A function is a ratio of quadratic functions and has a vertical asymptote x = 4 and just one -intercept, x = 1. It is known that has a removable discontinuity at x = -1 and limx-1 f(x) = 2. Evaluate...

Q:

A linear revenue function is R = 27x. (a) What is the slope? (b) What is the marginal revenue, and what does it mean? (c) What is the revenue received from selling one more item if 50 are currently...

Q:

A linear revenue function is R = 38.95x. (a) What is the slope? (b) What is the marginal revenue, and what does it mean? (c) What is the revenue received from selling one more item if 50 are...

Q:

please help with this problem!!!! BU 5710 Fall 2019 Homework 2 1. Page 100, Question 4.3 (a-d) 2. Pages 100-101, Question 4.5 (a-d) 3. Baseball Franchise Values The value of a sports franchise is...

Q:

Assignment: Quadratic Expressions 12. Factor x' + 2x - 48. A. (x-8)(x + 6) C. (x + 12)(x -4) B. (x + 8)(x -6) D. (x - 12)(x+4) Application: 13. Carrie's notebook cover has an area represented by the...

Q:

Prepare the adjusting entry at March 31, 2018, to record bad debts expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required,...

Q:

Question 7 --/5 View Policies Current Attempt in Progress apport Marx Corporation has accounts receivable of $94,300 at March 31, 2018. An analysis of the accounts shows these amounts Month of Sale...

Q:

Le corporation has accounts receivable of $93,900 at March 31, 2018. An analysis of the accounts shows these amounts. Month of Sale March (current) February (1 - 30 days past due) December and...

Q:

I need help just with the first box on page 71. And the bottom parts (a,b,c) if you don't mind, thank you in advance for all your help! (: I will give a thumbs up Assignment 1. Fill in the master...

Q:

Answer All the questions (a) The International Accounting Standards Board's framework for the presentation of financial statements prescribes for recognition of assets only when two conditions are...

Q:

The HCI molecule is quite well described by the Morse potential with De = 5.33 eV, V = 2989.7 cm-1, and XV = 52.05 cm-I. Assuming that the potential is unchanged on deuteration, predict the...

Q:

Describe three alternative ways to dispose of under or over allocated overhead costs.

Q:

Symon Enterprises is an international construction company with global offices in twenty foreign markets and over 1 5 , 0 0 0 employees around the world. The company has an excellent record as an...

Q:

A retail business, using the accrual method of accounting, owed merchandise creditors (accounts payable) $300,000 at the beginning of the year and $340,000 at the end of the year. How would the...

Q:

Zeidman Security Services Co offers security services to business clients. The trial balance for Zeidman Security Services Co. has been prepared on the end-of-period spreadsheet (work sheet) for the...

Q:

The capacity of a storage battery, such as those used in automobile electrical systems, is rated in ampere-hours (A h). A 50- A h battery can supply a current of 50 A for 1.0 h, or 25 A for 2.0 h,...

Q:

The capacity of a storage battery, such as those used in automobile electrical systems, is rated in ampere-hours (A h). A 50- A h battery can supply a current of 50 A for 1.0 h, or 25 A for 2.0 h,...

Q:

From the following list, identify the accounts that should be closed to Income Summary at the end of the fiscal year: a. Accounts Receivable b. Accumulated DepreciationEquipment c. Depreciation...

Q:

negative correlation means O a. there is no relationship among the variables--the variables are completely unrelated to each other, which usually means the researcher's hypothesis was not very good...

Q:

Hours after the rigging of the Pennsylvania state lottery was announced on September 19, 1980, Connecticut state lottery officials were stunned to learn that their winning number for the day was 666....

Q:

As a group, students majoring in the engineering disciplines have the highest salary expectations, followed by those studying the computer science fields, according to results of NACE's 2010 Student...

Q:

Refer to Exercise 12.9, in which the number of books x written by Isaac Asimov are related to the number of months y he took to write them. A plot of the data is shown. a. Can you see any pattern...

Q:

Suppose you make these monthly RRSP contributions. What amount will you have in the RRSP just after the twelfth contribution?

Q:

What will be the nature of the outcome if the rate of return earned by the RRSP is less than the interest rate on the loan?

Q:

To what future value will the Question 4 amount grow over the subsequent 19 years?