A linear revenue function is R = 38.95x. (a) What is the slope? (b) What is the
Question:
(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 being sold? If 100 are being sold?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
R 3895x a m 3895 b MR 3895 Each additional u...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Calculus questions
-
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...
-
The expense function for a widget is E = -3,000p + 250,000. The revenue function is R = -600p2 +25,000p. a. Write the profit equation in simplified form. b. Use the axis of symmetry formula to...
-
A firm can produce 100 units per week. If its total cost function is C=500+1500x dollars and its total revenue function is R=1600x-x2 dollars, how many units, x, should it produce to maximize its...
-
Why program planning is important in public health leadership?
-
An iron cube floats in a bowl of liquid mercury at 0oC. (a) If the temperature is raised to 25oC, will the cube float higher or lower in the mercury? (b) By what percent will the fraction of volume...
-
From the tenth floor of her office building, Katherine Rally watches the swarms of New Yorkers fight their way through the streets infested with yellow cabs and the sidewalks littered with hot dog...
-
In an agreed-upon procedure, the auditor is responsible for all the below, except: (a) To carry out the procedures and report the findings in accordance with the general, fieldwork, and reporting...
-
Accounting for Self-Constructed Assets Troopers Medical Labs, Inc., began operations 5 years ago producing stetrics, a new type of instrument it hoped to sell to doctors, dentists, and hospitals. The...
-
Please do not type in this area Marks Total Earned Marks General Journal 18 Sales Journal 15 Cash Receipts Journal 25 Purchase Journal 14 Cash Payments Journal 28 Late Penalty (if applicable) 0 100
-
Richard McCarthy (born 2/14/64; Social Security number 100-10-9090) and Christine McCarthy (born 6/1/1966; Social security number 101-21- 3434) have a 19-year-old son (born 10/2/99 Social Security...
-
A linear cost function is C(x) = 27.55x + 5180. (a) What are the slope and the C-intercept? (b) What is the marginal cost, and what does it mean? (c) How are your answers to parts (a) and (b)...
-
Let C(x) = 5x + 250 and R(x) = 27x. (a) Write the profit function P(x). (b) What is the slope of the profit function? (c) What is the marginal profit? (d) Interpret the marginal profit?
-
In Exercises (a) Write the repeating decimal as a geometric series (b) Write its sum as the ratio of two integers. 0.09
-
What is h'(x) when h(x) = log7 8z+4 2672
-
The following restaurants: Buca di Beppo - Italian, Denny's Restaurant - American, Panda Restaurant - Chinese. Can you pls. explain the symbolism , scheme , and kind of messaging does the font style...
-
Q.1. Let's practice the concept of polyphase decomposition of a sequence. Consider the following sequence: [10] CLO 3 h[n] = 2n + 1 0n7 a) Consider M = 4 and pass h[n] through the block diagram shown...
-
A speaker is talking at a distance of 3.0 m from where you are and you measure the sound intensity as 1.1107 W/m. a) Another student is 4.0 m away from the speaker. What sound intensity does the...
-
Requirements: 1) Complete adjusted trial balance of worksheet 2) Use your completed worksheet to prepare (a) multi-step or single-step net income statement, (b) statement of owner's equity and (c) a...
-
Liquid water at 200 kPa and 15C is heated in a chamber by mixing it with superheated steam at 200 kPa and 200C. Liquid water enters the mixing chamber at a rate of 4 kg/s, and the chamber is...
-
A summary of changes in Pen Corporation's Investment in Sam account from January 1, 2011, to December 31, 2013, follows (in thousands): ADDITIONAL INFORMATION 1. Pen acquired its 80 percent interest...
-
In Problems, graph each function. y = 5 -x
-
In Problems, solve each equation for x to three decimal places. 3 + 6e -2x = 7
-
In Problems, solve each equation. Give answers correct to three decimal places in Problems 112. log 5 (x + 2) = 2
-
Why is it important to discuss breakeven analysis with a supplier? Group of answer choices You want to make sure that supplier isn't underestimating costs to secure your business You want the...
-
In chapter 27, what is a risk that is caused from the aggressive 3 targets set by the CEO for the year ahead? Question 39 options: A) Target of 15% revenue growth may be too aggressive given the very...
-
Green LTD replaced the tires and painted several of its vehicles during the year. These costs should be: Group of answer choices debited to Equipment. depreciated over the life of the vehicles....
Study smarter with the SolutionInn App