The cost and revenue functions in Fig. 17. The cost of producing x units of goods is
Question:
The cost and revenue functions in Fig. 17. The cost of producing x units of goods is C(x) dollars and the revenue from selling x units of goods is R(x) dollars.
What is the profit from the manufacture and sale of 30 units of goods?
Transcribed Image Text:
1800 1400 y 1000 600 y = R(x) y = C(x) Xx 10 20 30 40 50 60 70 Figure 17 Cost and revenue functions.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
180...View the full answer
Answered By
Seema kuldeep
although I don't have an experience of teaching in a particular institute, previously I was an expert on Chegg and I have used to teach my batch mates and also my juniors.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Calculus And Its Applications
ISBN: 9780134437774
14th Edition
Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar
Question Posted:
Students also viewed these Mathematics questions
-
The cost and revenue functions in Fig. 17. The cost of producing x units of goods is C(x) dollars and the revenue from selling x units of goods is R(x) dollars. What are the revenue and cost from the...
-
The cost and revenue functions in Fig. 17. The cost of producing x units of goods is C(x) dollars and the revenue from selling x units of goods is R(x) dollars. At what level of production is the...
-
The cost and revenue functions in Fig. 17. The cost of producing x units of goods is C(x) dollars and the revenue from selling x units of goods is R(x) dollars. At what level of production is the...
-
The fraud examiner has to differentiate between? a. Truth and fact b. Fact and opinion c. Opinion and truth d. Fact and truth.
-
Why did we run out of addresses for the Internet? In the problems that follow, the number of different IP addresses that you can create with n bits is 2n. a. An IP address using IPv4 uses 32 bits....
-
On January 15, 2021, Craig Company received a two-month, 9%, $9,000 note from William Pentel for the settlement of his open account. The entry by Craig Company on January 15, 2021, would include a:...
-
Forecasting movie revenues with Twitter. Marketers are keenly interested in how social media (e.g., Facebook, Twitter) may influence consumers who buy their products. Researchers at HP Labs (Palo...
-
An MSCI survey showed that there continues to be a slow increase in the overall percentage of women on boards of directors globally. The study reported that 7 of 22 (32%) Austrian companies sampled,...
-
White Company planned to produce 12,000 units. Processing required 16,000 machine hours at a cost of $15,000 + $12 per machine hour. Actual sales were 14,000 units requiring 20,000 machine hours....
-
Find the points of intersection of the pairs of curves. y = 1/2x 3 - 2x 2 , y = 2x
-
After t hours of operation, an assembly line has assembled A(t) = 20t - 1/2 t 2 power lawn mowers, 0 t 10. Suppose that the factorys cost of manufacturing x units is C(x) dollars, where C(x) = 3000...
-
The plaintiff in this case is a female who had worked in various capacities for a hotel chain, including temporary stints as a front desk guest service representative. Her performance was praised by...
-
1. What is a forward contract? 2. Why do you need fx swap ? 3. If the rate is usd to cad, then you multiple by the rate. If converting USD to CAD. If the rate is CAD to USD, then you have to divide...
-
1. Watch the video on Taylorism. Why do you think Frederick Taylor's ideas were important at that particular point in history, the early 1900s? Explain. 2. How were the Hawthorne studies a major...
-
what extent do elite networks shape policy and governance, and how transparent are these networks to public scrutiny ? Explain
-
What strategies do you employ to mediate conflicts within a team to ensure that disagreements are resolved constructively and synergistically?
-
What goal(s) do you think the communication was intended to achieve? What type of promotional communication is it and why? What do you believe to be the advertising theme or central idea of the...
-
Using the straight-line method, what is the amount of depreciation for the first year for an asset purchased on January 1 for $3,000, with a useful life of 5 years, and with a salvage value of...
-
An auto-parts manufacturer is considering establishing an engineering computing center. This center will be equipped with three engineering workstations each of which would cost $25,000 and have a...
-
An Internet poll conducted in the United Kingdom by Netdoctor.co.uk asked individuals to respond to an emotional health survey (see www.hfienberg.com/clips/pollspiked.htm). There were 400 volunteer...
-
In 1995 in the United Kingdom, the Equality Code used by the legal profession added a section to make members more aware of sexual harassment. It states that research for the Bar found that over 40...
-
A study (N. Schwarz et al., Public Opinion Quarterly, vol. 49, 1985, p. 388) asked German adults how many hours a day they spend watching TV on a typical day. When the possible responses were the six...
-
Series of Compound Interest Techniques The following are several situations involving compound interest. Required: Using the appropriate table, solve each of the following: ( Click here to access the...
-
If Clark Kelly has recognized gain on an exchange of like-kind property held for investment use, where does Clark report the gain? First on Form 8824, then carried to Schedule D. First on Form 8824,...
-
An investor put 40% of her money in Stock A and 60% in Stock B. Stock A has a beta of 1.2 and Stock B has a beta of 1.6. If the risk-free rate is 5% and the expected return on the market is 12%,...
Study smarter with the SolutionInn App