Suppose that the manufacturer of a gas clothes dryer has found that, when the unit price is
Question:
Suppose that the manufacturer of a gas clothes dryer has found that, when the unit price is p dollars, the revenue R (in dollars) is
R(p) = -4p2 + 4000 p
(a) At what prices p is revenue zero?
(b) For what range of prices will revenue exceed $800,000?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (13 reviews)
a Thus the revenue equals zero when the price is 0 ...View the full answer
Answered By
Cynthia Taylor
As an associate Professor, I have over 13 years of teaching experience. Over the years I have worked for various universities both in the United States and abroad. I teach both online and on-ground. My specialty is Finance and English. With an MBA in finance I have taught courses in financial analysis, personal finance, organizational behavior, economics, management, and investing.
A a career technical writer and certified English instructor, I am also very efficient in writing and story development.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
The manufacturer of a travel alarm clock claims that, on the average, its clocks deviate from perfect time by 30 seconds per month, with a standard deviation of 10 seconds. Engineers from a consumer...
-
Suppose that the manufacturer of a particular product assesses the joint distribution of price P per unit and demand D for its product in the coming quarter as provided in the file S04_31.xlsx. a....
-
Suppose that the manufacturer of Example 9.1 is the kind of person who always worries about losing out on a good deal. For instance, he finds that if he delays expansion and economic conditions...
-
Consider the following hypotheses: H 0 : = 140 H 1 : 140 Given that x = 148.1, s = 37.5, n = 20, and = 0.02, answer the following questions: a. What conclusion should be drawn? b. Use PHStat to...
-
Belden, Inc. acquires 30 percent of the outstanding voting shares of Sheffield, Inc. on January 1, 2017, for $312,000, which gives Belden the ability to significantly influence Sheffield. Sheffield...
-
Describe the main components in a DBMS.
-
Prepare a partial communications management plan to address some of the challenges mentioned in the previous paragraph. LO.1
-
The Best Wheels Bicycle Company has scheduled the production of the following bicycles this month. The two critical work centers for producing these bikes are welding and assembly. Welding has an...
-
A private not for-profit university charges student tuition of $1 million for the current year. Financial old grants total $220,000. The school to receives $100.000 grant restricted for faculty...
-
36. Star Adventures has invested financial and time resources into ________ because they want their employees to develop teamwork skills, using challenging and structured activities. simulations...
-
In problem, find the quadratic function for which: Vertex is (3, -4); contains the point (4, 2)
-
A ball is thrown vertically upward with an initial velocity of 96 feet per second. The distance s (in feet) of the ball from the ground after t seconds is s(t) = 96t 16t 2 . (a) At what time t will...
-
A company is considering purchasing a new piece of machinery at a cost \($60,000.\) It is expected to generate revenues of \($20,000\) per year for 4 years against \($3,000\) of annual operating...
-
As part of the study on ongoing fright symptoms due to exposure to horror movies at a young age, the following table was presented to describe the lasting impact these movies have had during bedtime...
-
Exercise 1.10: State space realization Define a state vector and realize the following models as state space models by hand. One should do a few by hand to understand what the Octave or MATLAB calls...
-
Solve: (5)*+1 = 25x
-
The ball bearing made of steel is to be heat treated. It is heated to a temperature of 620C and then quenched in water that is at a temperature of 50C. The ball bearing has a diameter of 5 cm and the...
-
1. Using the net present value? method, calculate the comparative cost of each of the three payment plans being considered by New Med 2. Which payment plan should New Med choose? Explain. 3. Discuss...
-
At a given instant, the position of a plane at A and a train at B are measured relative to a radar antenna at O. Determine the distance d between A and B at this instant. To solve the problem....
-
You are a Loan Officer with an Investment Bank. Today you need to set your lending parameters. They are: LTV: 55% 10 Year T-Bill: TBD Rate Markup: 300 Basis Points Term: 30 Years Amortization: 30...
-
In Problems 3770, solve each inequality. Express your answer using set notation or interval notation. Graph the solution set. 18- 4x = -13
-
In Problems 3770, solve each inequality. Express your answer using set notation or interval notation. Graph the solution set. 72 3 - x + 1 < 1/1/2
-
In Problems 3770, solve each inequality. Express your answer using set notation or interval notation. Graph the solution set. 12x+3 3 2 <1
-
Comprehensive Project for WACC and NPV Company A is considering a 4 - year project. They own a piece of land that could be sold for $ 1 0 0 , 0 0 0 . They hired an engineer to evaluate it and she has...
-
AR by Company To see companies within a particular country, elther click on that country or use the search field in the upper left corner. To return to the map's global view, click on the Home icon...
-
can anyone help find a news article discussing a corporations use of debt financing? Often times the financial news media will report when a company chooses to issue new bonds or take new loans.
Study smarter with the SolutionInn App