The revenue from the sale of a product is, in dollars, R = 1500x + 3000(4x...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The revenue from the sale of a product is, in dollars, R = 1500x + 3000(4x + 3)-¹ - 1000 where x is the number of units sold. Find the marginal revenue when 200 units are sold. (Round your answer to two decimal places.) Interpret your result. If the sales go from 200 units sold to Need Help? Read It Show My Work (Optional) ( 6. [-/3 Points] HARMATHAP12 9.6.038. The revenue in dollars from the sale of x units of a product is represented by the following formula. (Round your answers to the nearest wh R 15(2x + 1)-¹ + 40x - 19 Find the marginal revenue when 20 units are sold. DETAILS Interpret your result. units sold, the revenue will increase by about $ If the sales go from 20 units sold to units sold, the revenue will increase by about $ The revenue from the sale of a product is, in dollars, R = 1500x + 3000(4x + 3)-¹ - 1000 where x is the number of units sold. Find the marginal revenue when 200 units are sold. (Round your answer to two decimal places.) Interpret your result. If the sales go from 200 units sold to Need Help? Read It Show My Work (Optional) ( 6. [-/3 Points] HARMATHAP12 9.6.038. The revenue in dollars from the sale of x units of a product is represented by the following formula. (Round your answers to the nearest wh R 15(2x + 1)-¹ + 40x - 19 Find the marginal revenue when 20 units are sold. DETAILS Interpret your result. units sold, the revenue will increase by about $ If the sales go from 20 units sold to units sold, the revenue will increase by about $
Expert Answer:
Answer rating: 100% (QA)
Date a Given MR dR dr R 1500x 3000 4x 3 1000 By taking derivative 12000 4x3 1500 M 200 Margi... View the full answer
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Posted Date:
Students also viewed these mathematics questions
-
The revenue from the sale of a product is R = 1500x + 3000(2x + 3)-1 - 1000 dollars where x is the number of units sold. Find the marginal revenue when 100 units are sold. Interpret your result.
-
You and your friend are selling magazine subscriptions for a fundraiser. after ww weeks, you have sold (3w+4) subscriptions and your friend has sold (5w+1) subscriptions.a. write an expression in...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Which is the most effective means of motivating trainees for a training program? a. Pay extra for training time. b. Require the training only for newly hired workers. c. Explain why the training is...
-
Propel alcohol (C3H7OH) is burned with 50 percent excess air. Write the balanced reaction equation for complete combustion and determine the air-to-fuel ratio.
-
A converging lens is placed 30.0 cm to the right of a diverging lens of focal length 10.0 cm. A beam of parallel light enters the diverging lens from the left, and the beam is again parallel when it...
-
What do we mean by the term relevant evidence?
-
Write a Windows program that creates a child process that prints a greeting, sleeps for 20 seconds, then exits. The parent process should print a greeting before creating the child, and then...
-
If the average wait time is 17 minutes with a standard deviation of 4 minutes, determine the percentage of patrons who wait less 20 minutes for their main course to be brought to their tables
-
A car is moving with a velocity of 20 m/s when the brakes are applied and the wheels lock (stop spinning). The car then slides to a stop in 40 m. Find the coefficient of kinetic friction between the...
-
A 12V battery delivers 80mA to a machine. How much energy has the battery supplied to the machine when it has been on for 2 hours?
-
Discuss the salient issues in permitting employees in business organizations access to social networking sites.
-
Identify key hurricane mitigation steps.
-
Identify key earthquake mitigation steps.
-
You have just conducted a site visit to a data center and discovered that the main entrance had a card key entry system installed as a security feature. Unfortunately, the system was inoperable so...
-
What types of crisis events provide a warning period?
-
The graphs given below represent the weekly demand function and supply function respectively for the stylus pen. Price (RM) Price (in RM (12.116) Quantity (in thousand units) (19,188) Quantity (in...
-
Software Solution is family-owned business that has been in operation for more than 15 year. The board of directors is comprised of mainly family members, plus a few professionals such as an...
-
Suppose that when a sense organ receives a stimulus at time t, the total number of action potentials is P(t). If the rate at which action potentials are produced is t3 + 4t2 + 6, and if there are 0...
-
If the demand for a product is given by D(p) = 1000 / p - 1 What is the average rate of change of demand when p increases from (a) 1 to 25? (b) 25 to 100?
-
Find the maximum value of z = xy subject to 9x2+25y2=450; x 0, y 0.
-
Will you accept the following as good voucher? (a) A bill of Rs. 5,000 submitted by a salesman for his travelling allowance (b) A cash memo for Rs. 500 for a perambulator of a company producing...
-
How do you vouch the following? (a) Custom duty paid on import of machinery (b) Income from house property (c) Royalty payable to a foreign collaborator (d) Traveling expenses (e) Interest and...
-
What are the differences between auditing and accountancy?
Study smarter with the SolutionInn App