the unit cost,in dollars,to produce tubs of ice cream is $15 and the fixed cost is...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
the unit cost,in dollars,to produce tubs of ice cream is $15 and the fixed cost is $8970. The price-demand function, in dollars per tub,is p(x)=323-2x find the cost function. c(x)=__ find the revenue function. r(x)=_ find the profit function. p(x)=____ at what quantity is the smallest break-even point? a.tubs of ice cream b.scoops of ice cream c.dollars d.gallons of ice cream The unit cost, in dollars, to produce tubs of ice cream is $15 and the fixed cost is $8970. The price-demand function, in dollars per tub, is p(z) = 323 - 2r Find the cost function. C(r): Find the revenue function. the unit cost,in dollars,to produce tubs of ice cream is $15 and the fixed cost is $8970. The price-demand function, in dollars per tub,is p(x)=323-2x find the cost function. c(x)=__ find the revenue function. r(x)=_ find the profit function. p(x)=____ at what quantity is the smallest break-even point? a.tubs of ice cream b.scoops of ice cream c.dollars d.gallons of ice cream The unit cost, in dollars, to produce tubs of ice cream is $15 and the fixed cost is $8970. The price-demand function, in dollars per tub, is p(z) = 323 - 2r Find the cost function. C(r): Find the revenue function.
Expert Answer:
Related Book For
Posted Date:
Students also viewed these mathematics questions
-
Demand for the vanilla ice cream at an ice cream store can be approximated by a Normal distribution with a mean of 21 litres per week and a standard deviation of 3.5 litres per week. The ice cream is...
-
The Yummy Ice Cream Company projects the demand for ice cream by using exponential smoothing. Last week the forecast was 100,000 gallons of ice cream, and 90,000 gallons was actually sold. a. Using ...
-
The demand for ice cream is given by QD = 20 2P, measured in gallons of ice cream. The supply of ice cream is given by QS = 4P 10. a. Graph the supply and demand curves, and find the equilibrium...
-
PepsiCo, Inc.s financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. The complete annual reports of PepsiCo and Coca-Cola,...
-
Lewis Corporation sold certain timber assets and received cash and notes receivable from the purchaser. Lewis then engaged in a transaction to convert the notes receivable into cash without...
-
How does equity theory explain the UAWs reactions to the proposed compensation plan? How does equity theory explain Delphi leaderships defense of the compensation proposal?
-
FICO (Fair Isaac Corporation) scores are routinely used to rate the quality of consumer credit. You want to determine the average (mean) FICO score of an adult in the United States. Describe how you...
-
McCawl Company produces two products and uses a predetermined overhead rate to apply overhead. McCawl currently applies overhead using a plantwide rate based on direct labor hours. Consideration is...
-
(a) Draw the graph of 2x x < 0, f(x)= -1 x = 0, -1 x>0 (b) Find lim f(x) and lim f(x) or explain why they do not exist. Give reasons for x10 your answers. 1
-
On December 31, 2017, Jen & Mink Clothing (J&M) performed the inventory count and determined the year-end ending inventory value to be $75,500. It is now January 8, 2018, and you have been asked to...
-
In 1976, tuition was 1935$ a year and there was a 2.50$ minimum wage in California (8676$ and 11.37$ when adjusted to 2020 dollars). In 2020 tuition was 21337$ a year with 13$ minimum wage. What is...
-
check the below code and run it after completing the requirenment? Base classes: + Person ++ attributes: givenName (String), lastName (String), age (int), gender (String), citizenship (String) +...
-
How can I redo this so that it doesn't have "static" in front of double, int, and Scanner under defining variables? import java.util.*; public class chpt6 { //Declaring global variables static...
-
If VLC = $1,600, price is $20 per item, contribution margin = 20%, and the repurchasing frequency is once every six years, (a) what is the defection rate, and (b) what is the retention rate
-
Assuming the population has an approximate normal distribution, if a sample size n = 21 has a sample mean = 40 with a sample standard deviation s = 7, find the margin of error at a 95% confidence...
-
Build a class called LinkedListRunner with a main method that instantiates a LinkedList . Add the following strings to the linked list: aaa bbb CCC ddd eee fff ggg hhh iii Build a ListIterator and...
-
Consider a two machine job shop scheduling problem with 10 jobs to be processed on machines A and/or B. The routing information and processing times of these jobs are given in the table below. Find...
-
In what ways does a well-designed enterprise search software vary from popular search engines (e.g., Bing, DuckDuckGo, and Google)?
-
Given the following variables in the open economy aggregate expenditure model, autonomous consumption (Co) = 200, autonomous investment (IQ) = 200, government spending (Go) = 100, export spending...
-
[Appendix Exercise] The following graph shows the firm's cost-minimizing input choice at current factor prices. The firm is currently employing 100 units of capital and 100 units of labor. The wage...
-
Explain whether transfer payments, such as Social Security and unemployment compensation, are counted as government spending in calculating GDP.
-
Cite at least two possible choices of system in each of the following situations. For each choice, make a sketch showing the system boundary and state which objects (excluding air) are inside the...
-
Compare the magnitude of the momenta of a \(0.010 \mathrm{~kg}\) bullet fired from a rifle at \(1300 \mathrm{~m} / \mathrm{s}\) and a \(6.5-\mathrm{kg}\) bowling ball lumbering across the floor at...
-
(a) A red cart with an initial speed of \(0.35 \mathrm{~m} / \mathrm{s}\) collides with a stationary standard cart \(\left(m_{\mathrm{s}}=1.0 \mathrm{~kg} ight)\). After the collision, the standard...
Study smarter with the SolutionInn App