Question: T Homework Homework Question 8, 11.3.31-BE Part 1 of 2 The revenue (in thousands of dollars) from producing x units of an item is modeled

T Homework

Homework Question 8, 11.3.31-BE Part 1 of 2 The revenue (in thousands of dollars) from producing x units of an item is modeled by R(x) = 1 lx - 0.005x 2 a. Find the average rate of change in revenue as x changes from 1003 to 1006. b. Find the marginal revenue at x= 1000. a. The average rate of change in revenue is dollars per unit. (Do not round until the final answer. Then round to the nearest dollar as needed.)

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!

X Screenshot (4536).png C X CEP | | C C ON @ Do Homework - Assignment#1 - Google Chrome 0 X t.com/c/66ebod80-3c18-8002-8ecf-78dd80f3fede 25...

A company produces two types of solar panels per year: x thousand of type A and y thousand ottype B, The revenue and cost equations, in millions of dollars, for the year are given as follows, R(x,y}...

M New OTP for authentic x PortalGuard - Portal A X Chapter 4 Review X Do Homework - Chap X *Course Hero X C | Chegg.com X Mathway | Algebra Prc X + X...

Safari File Edit View History Bookmarks Window Help O US Q 8 0 Sat Dec 9 7:34 PM mylab.pearson.com C 88 G Blackboard. Bb https://learn... P Assignments P Do Homewo P Do Homewo Dashboard Content...

Homework - ACC-2220-03\\ x Question 2 - Ch 6 Homework - ( x + C ^...

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...

Homework: Section 3.5 Enhanced Homework Question 6, 3.5.29-BE HW Score: 0%, 0 of 10 points Part 1 of 2 O Points: 0 of 1 Find the mummum profit and the number of units that must be produced and sold...

265 is the wrong answer nced Homework Question 10, 3.5.27-BE HW Score: 62.147 Part 1 of 2 Points: 0 of 1 Save Find the maximum profit and the number of units that must be produced and sold in order...

Hello, I need help with a homework problem due tomorrow night that I've gotten behind completing. I have attached Course Reading for the week for background information, assignment prompt, and the...

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...

Marshall and Wyatt, CPAs, has been the independent auditor of Interstate Land Development Corporation for several years. During these years, Interstate prepared and filed its own annual income tax...

A cube balanced with one edge in contact with a table top and with its center of gravity directly above the edge is in equilibrium with respect to rotation about a horizontal axis that is...

1 3 - 2 2 When auditing merchandise inventory at year - end, the auditor performs a purchase cutoff test to obtain evidence that All goods purchased before year - end are received before the physical...

An ion channel in a cell membrane carries 2.4 pA when its open, which is only 20% of the time. (a) Whats the average current in the channel? (b) If the channel opens for 1.0 ms, how many singly...

Identify a sample of food companies. For example, you could try Campbell Soup (CPB), General Mills (GIS), Kellogg (K), Mondelez International (MDLZ), and Tyson Foods (TSN). a. Estimate beta and R 2...

Finding a job on the Internet is challenging; there are almost too many places to look. Visit two recruiting sites, for example, careerbuilder.com and LinkedIn.com. What benefits do these sites...

A study was conducted to compare market shares of diesel engine brands estimated by two different auditing methods. a. Identify the treatments in the experiment. b. Because of brand-to-brand...

Describe an IV PV factorial design.

What makes an act the morally right act, according to Utilitarianism? Explain how utilitarianism is saying neither "Do what makes you happy," nor "You must always put the interests of others before...

4. In the next communication situation you are in, already think through three different communication strategies, which will make you achieve greater flexibility. Then practice on these as soon as...

2. Now imagine a real situation in your workplace or home situation where someone gives you feedback. a. Did you perceive the feedback as a hidden criticism? b. Did you perceive the feedback as a...

2. In this chapter, the reader should reflect on the following concepts: feedback and flexibility as a basis for change, intention and communication as a basis for change and behavioural patterns as...