The total profit (in tens of dollars) from selling x self-help books is (a) Find the average
Question:
The total profit (in tens of dollars) from selling x self-help books is
(a) Find the average profit function.
(b) Find the marginal average profit function.
(c) Find the average profit and the marginal average profit for a sales level of 8 books. Interpret your results.
(d) Find the average profit and the marginal average profit for a sales level of 15 books. Interpret your results.
Transcribed Image Text:
P(x) = 5x – 6 2x + 3
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (10 reviews)
a b c At 8 books the average profit is 224 per ...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Suppose that the total profit in hundreds of dollars from selling x items is given by P(x) = 2x 2 - 5x + 6. Find the average rate of change of profit for the following changes in x. (a) 2 to 4 (b) 2...
-
Suppose that the total profit in hundreds of dollars from selling x items is given by p(x)=5x^2-6x+8. Complete parts A through D below. A) Find the average rate of change of profit as x changes from...
-
Find the production level at which the marginal cost function starts to increase. 15. C(x) = 0.001xr - 0.3x + 6x + 900 16. C(x) = 0.0002.r 0.25x + 4x+ 1500
-
Coulson Company is in the process of refinancing some long-term debt. Its fiscal year ends on December 31, 2011, and its financial statements will be issued on March 15, 2012. Under current U.S....
-
In teams of three or four, check labels on various products such as chemicals, cleansers, insecticides, and herbicides. Look for warnings and EPA information. Discuss your findings.
-
Your organisation is experiencing a high labour turnover in recent years and management would like you to submit a report on the loss suffered by the Company due to such labour turnover. Following...
-
Aceton Corporation owns 80 percent of the outstanding stock of Voctax, Inc. During the current year, Voqtax made $140,000 in sales to Aceton. How does this transfer affect the consolidated statement...
-
Miranda, Inc., manufactures and sells commercial and residential security equipment. The comparative unclassified balance sheets for December 31, 2011 and 2010 are provided below. Selected missing...
-
A manufacturer has two manufacturing departments, Assembly and Painting. The company uses the FIFO method and it reports the following data. Units completed in the Assembly department are transferred...
-
Your brother has just started a new job as the Controller of an IESBA restricted audit client. You do not serve on the audit engagement. What steps must you take to ensure your independence is not...
-
Find the derivative of each of the following functions by first rewriting the function using the rules of logarithms. (t) = ln(3t 2 + 7t - 4) 5/3
-
The total number of bacteria (in millions) present in a culture is given by N(t) = 2t(5t + 9) 1/2 + 12, where t represents time (in hours) after the beginning of an experiment. Find and interpret the...
-
A thermostat on the wall of your house keeps track of the air temperature. This simple approach is of little use in the large volume of a covered sports stadium, but there are systems that determine...
-
Provide the firm name and web page. Does this firm provide highly specialized skills or generic skills? What client need does this firm specialize in? Which phase in the change lifecycle does the...
-
Provide a specific prompting strategies for each number (trainer action) it may be pictorial, written, gestural, modeling, material, verbal or manual explain briefly using the hierarchy or prompting...
-
When Loreen was planning a Caribbean cruise, she decides to purchase all her souvenirs in the Bahamas because the exchange rate would be to her benefit. This means Multiple Choice the currency in the...
-
Here is a list of phobias. Match each of the phobias to one of the 15 statements following the list. Type the letter attached to each phobia you choose next to each statement. The list below contains...
-
A B C D E 1 2 3 4 5 6 7 8 9 10 Kevin, a calendar-year taxpayer, utilizes the cash method of accounting for his small business, which provides various consulting expertise to the railroad industry. At...
-
Beck, a high school baseball coach, ordered six pairs of flip-type baseball sunglasses from Rayex Corporation. Rayex had advertised the sunglasses as baseball sunglasses that would give instant eye...
-
When the Department of Homeland Security created a color-coded system to prepare government officials and the public against terrorist attacks, what did it do right and what did it do wrong?
-
Find the dimension of the matrix. Identify any square, column, or row matrices. -4 8 2 3]
-
Find the dimension of the matrix. Identify any square, column, or row matrices. -9 6 2 4 1 8]
-
Find the dimension of the matrix. Identify any square, column, or row matrices. 8 0 0 19 2 9- 4 3 -5 7 1
-
Which of the following concerning short-term financing methods is NOT CORRECT? Short-term bank loans typically do not require assets as collateral. Firms generally have little control over the level...
-
Kingbird Corporation is preparing its December 31, 2017, balance sheet. The following items may be reported as either a current or long-term liability. 1. On December 15, 2017, Kingbird declared a...
-
BE13.2 (LO 1), AP An inexperienced accountant for Silva Corporation showed the following in the income statement: net income \$337,500 and unrealized gain on availablefor-sale securities (before...
Study smarter with the SolutionInn App