The total revenue, in dollars, from the sale of x units of a product is given by

Question:

The total revenue, in dollars, from the sale of x units of a product is given by
R(x) = 2500x / ln (10x + 10)
(a) Find the marginal revenue function.
(b) Find the marginal revenue when 100 units are sold, and interpret your result.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

See More Books

Question Posted: Feb 09, 2018 07:00 AM

See More Questions

1. Revenue R from the sale of x units of a product is found by multiplying the price by the number of items sold. (a) Factor the right side of R = 300x - x2. (b) What is the expression for the price...
The daily profit from the sale of x units of a product is P = 80x - 0.4x2 - 200 dollars. (a) What level of production maximizes profit? (b) What is the maximum possible profit?
The revenue from the sale of x units of a product is R = 15(3x + 1)-1 + 50x - 15 dollars Find the marginal revenue when 40 units are sold. Interpret your result.
For some companies, onboarding and orientation are synonymous. How are they different?
Write the following number in powers of ten notation? (a) 1.156 (b) 21.8, (c) 0.2268 (d) 27,635 (e) 0.219 and (f) 444
THE PHILIPPINES / Norway --Government Privatization Please review the Philphos caselet. 1-Assume you are the undersecretary for Trade & Industry.Please state your most compelling- reasons ( at least...
Consider the fisher. barley data frame from Example 5.3. a. Use $\mathrm{R}$ to compute $S S_{E}$. What are the degrees of freedom for $S S_{E}$ ? b. A statistician analyzing fisher.barley forgot to...
1. Differentiate between expendable and untouchable shopping. Why is this distinction important to retailers? 2. As an independent jewelry retailer, what could you learn from Table 1? How should you...
Suppose, you want to start a small business. prepare at least 5 slides on what is your small business and outline some of the requirements to create and maintain it. What are few strategies to become...
Velocity profiles and the stress components ij. For each of the following velocity distributions, draw a meaningful sketch showing the flow pattern. Then find all the components of 'r and pvv for the...
If money is invested at the constant rate r, the time to increase the investment by a factor x is t = ln x / r (a) At what rate dt / dx is the time changing at x = 2? (b) What happens to dt / dx as x...
Suppose that the supply of x units of a product at price p dollars per unit is given by p = 10 + 50 ln (3x + 1) (a) Find the rate of change of supply price with respect to the number of units...
The car has a mass mo and is used to tow the smooth chain having a total length I and mass per unit of length m. If the chain is originally piled up, determine the tractive force F that must be...
First define the optimal capital structure, then Discuss how a financial manager can find the optimal capital structure of a firm in order to maximize stock value.Explain in detail.Use examples.
Nitrox Amusements sells trampolines that cost $150 to purchase and prepare for sale. Nitrox sells 270,000 units per year, carrying costs are 30% of inventory costs, and Nitrox has a per-order cost of...
A perpetual after-tax cashflow stream of $2,000 is created by an investment of $15,000.The required rate of return is 8%.What is the profitability index of this investment?
There are potential benefits and risks from raising capital on global markets. Discuss the pros and cons in terms of the risk of raising capital on global markets
The following paragraph applies to Questions 7 and 8: wwwwwww Topone Ltd. wants to borrow $1,000,000 floating for 5 years; Lucky Ltd wants to borrow $1,000,000 fixed for 5 years. Their external...
A rugby field is similar to a modern football field except that the goalpost, which is 18.5 ft wide, is located on the goal line instead of at the back of the endzone. The rugby equivalent of a...
From 1970 to 1990, Sri Lanka's population grew by approximately 2.2 million persons every five years. The population in 1970 was 12.2 million people.What is the best formula for P, Sri Lanka's...
Find all points on the graph of the function f(x) = 2 sin x + sin2x at which the tangent line is horizontal.
Find the x-coordinates of all points on the curve y = sin 2x 2 sin x at which the tangent line is horizontal.
Suppose that F(x) = f(g(x)) and g(3) = 6, g(3) = 4, f(3) = 2, and f(6) = 7, Find F(3).
exploration of the history of street art and its controversies of ppt/quicktime video.
Solve the following problems. Reduce answers to their lowest terms. Box your answers. 1 5 1.+ -= 4 12 2 2.- + 3 9 = 11 Convert improper fractions to mixed numbers. 2 11 3. + == 5 12 4 4 4. 12 7 5.35...
When average consumer income increased by 6%, BakeCo oven cleaner sales increased from 21,000 units to 22,500 units. Given this information,what is income elasticity for BakeCo oven cleaner ?

The total revenue, in dollars, from the sale of x units of a product is given by

Question:

Step by Step Answer:

Rx 2500x ln 10x 10 a b Selling one add...View the full answer

Mathematical Applications for the Management Life and Social Sciences

Students also viewed these Calculus questions