The revenue in dollars generated from the sale of x picnic tables is given by (a) Find

Question:

The revenue in dollars generated from the sale of x picnic tables is given by

(a) Find the marginal revenue.
(b) Estimate the revenue from the sale of the 1001st table by finding R′(1000).
(c) Determine the actual revenue from the sale of the 1001st table.
(d) Compare your answers for parts (b) and (c). What do you find?

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

Step by Step Answer:

Related Book For book-img-for-question

Calculus With Applications

ISBN: 9780135871348

12th Edition

Authors: Margaret L. Lial

See More Books

Question Posted: Dec 30, 2022 07:51 AM

See More Questions

The total profit (in dollars) from the sale of x calendars is P(x) = 22x - 0.2x2- 400 0 x 100 (A) Find the exact profit from the sale of the 41st calendar. (B) Use the marginal profit to...
The total profit (in dollars) from the sale of x cameras is P(x) = 12x - 0.02x2 - 1,000 0 x 600 Evaluate the marginal profit at the given values of x, and interpret the results. (A) x = 200 (B) x =...
The total profit (in dollars) from the sale of x gas grills is P(x) = 20x - 0.02x2 - 320 0 x 1,000 (A) Find the average profit per grill if 40 grills are produced. (B) Find the marginal average...
Write a program HowMany that takes a variable number of command-line arguments and prints how many there are.
Identifying Performance Obligations Sanderson Construction Company provides a variety of construction services, ranging from general contracting services to specialized subcontracting services ( e....
A light bulb manufacturer claims that 90 % of the bulbs it produces meet tough new standards imposed by the consumer protection agency. You just received a shipment containing 400 bulbs from this...
In the reconciliation between cost and financial accounts, one of the areas of differences is different methods of stock valuation used. State with reasons, in each of the following circumstances...
Cost-Cutting Proposals Chatman Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $530,000 is estimated to result in $205,000 in...
Sed Homework Required information The following information applies to the questions displayed below) Clothing Frontiers began operations on January 1 and engages in the following transactions during...
1. Imagine that an agency or business has asked for help in gathering data about the number of sports anglers who fish off the coast of Georgia. What advice would you give about sampling? What method...
In Exercises, use the properties of limits to help decide whether each limit exists. If a limit exists, find its value. 3x + 2x lim x 2x - 2x + 1 -00
In Exercises, use the properties of limits to help decide whether each limit exists. If a limit exists, find its value. 8x + 2 lim x-- 4x - 5
(Various Changes in PrincipleInventory Methods) Below is the net income of Anita Ferreri Instrument Co., a private corporation, computed under the three inventory methods using a periodic system....
Go to: https://www.instagram.com/ryderseyewear/ on your desktop, laptop, or mobile (or a combination of all 3). You are the new Social Media Marketing Manager for Ryders Eyewear. You've been asked...
As leaders, it is very important that we have the ability to assess our own motivation and the motivation of others around us. It is also important to recognize the key factors involved in...
At the end of this exam, you will find Article 1 - " How Companies Can Prepare for a Long Run of High Inflation ". Please read the article and, when necessary, consult additional sources and the...
You can develop your capabilities as a manger by better understanding different ways of motivating and rewarding employees. You can also better prepare for your own career by better understanding the...
Topic: Project Malasakit of Kara David https://projectmalasakit.org/ What is the pros and cons of these alternative courses of the action below: Strengthen the internal organization via promoting it...
Verify the following derivative formulas using the Quotient Rule. d/dx (cot x) = -csc 2 x
Design a circuit which negative the content of any register and store it in the same register.
Find all rational zeros of each function. (x) = 2x 3 - 9x 2 - 6x + 5
Find all rational zeros of each function. (x) = 8x 4 - 14x 3 - 29x 2 - 4x + 3
Show that each polynomial function has a real zero as described in parts (a) and (b). In Exercises 39 and 40, also work part (c). (x) = 3x 3 - 8x 2 + x + 2 (a) Between -1 and 0 (b) Between 2 and 3...
Break-Even Sales and Sales to Realize Income from Operations For the current year ending October 31, Yentling Company expects fixed costs of $537,600, a unit variable cost of $50, and a unit selling...
You buy a stock for $35 per share. One year later you receive a dividend of $3.50 per share and sell the stock for $30 per share. What is your total rate of return on this investment? What is your...
Filippucci Company used a budgeted indirect-cost rate for its manufacturing operations, the amount allocated ($200,000) is different from the actual amount incurred ($225,000). Ending balances in the...

The revenue in dollars generated from the sale of x picnic tables is given by (a) Find

Question:

R(x) = 20x - x² 500

Step by Step Answer:

a b When x 1000 The marginal revenue for the l00l...View the full answer

Calculus With Applications

Students also viewed these Mathematics questions