Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 21, 2024

1. The revenue function of a firm is R=454-9Q+50. The firm has maximum selling limit that varies up to 120 units of output (Q)

1. The revenue function of a firm is R=454-9Q+50. The firm has maximum selling limit that varies up to 120 units of output (Q) per day. i) What are the domain and range of the function? ii) Identify the variables, constants and parameters of the equation. iii) What type of equation is it? Why? 2 1 2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting A Managerial Emphasis

Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav

13th Edition

8120335643, 136126634, 978-0136126638

More Books

Students also viewed these Accounting questions

Question

2) (10 points) Two forces are applied as shown to a hook support. Knowing that the magnitude of P is 35 N, determine the required angle a (alpha) If the resultant R of the R.V two forces applied to...

Answered: 1 week ago

Question

★★★★★

Mr. Phanse invests an amount of Rs. 25, 200 at the rate of 4 p.c.p.a. for 6 years to obtain a simple interest. Later he invests the principal amount as well as the amount obtained as simple interest...

Answered: 1 week ago

Question

★★★★★

Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $117,920. It will have a useful life of 4 years and no salvage value. Annual revenues would...

Answered: 1 week ago

Question

★★★★★

If we define the median of a sequence as a number so that exactly as many elements come before it in the sequence as come after it, fix the program in 4.6.3 so that it always prints out a median....

Answered: 1 week ago

Question

★★★★★

You have just inherited $50,000 and have decided to buy shares. You have narrowed your choice down to QT Logistics Inc. and Next Systems Ltd. You carefully read each company's annual report to...

Answered: 1 week ago

Question

★★★★★

Suggest why the Beta values tend to cluster in a range of roughly 0.70 to 1.30.

Answered: 1 week ago

Question

★★★★★

What factors contribute to young childrens ability to think about and visually recognize themselves?

Answered: 1 week ago

Question

★★★★★

Solve the following linear programming model graphically: maximize Z = 3x1 + 2x2 subject to 2x1 + 4x2 22 -x1 + 4x2 10 4x1 - 2x2 14 x1 - 3x2 1 x1, x2 0

Answered: 1 week ago

Question

★★★★★

No need to follow textbook format for parts (ii) and (iii). You can use your own format for answering them. LTC manufacturers an extensive range of high-quality brass and chrome taps and has an...

Answered: 1 week ago

Question

★★★★★

In applying LCM, market cannot be

Answered: 1 week ago

Question

★★★★★

The following events occurred for Favata Company: a. Received $11,500 cash from owners and issued stock to them. b. Borrowed $8,500 cash from a bank and signed a note due later this year. c. Bought...

Answered: 1 week ago

Question

★★★★★

The head of the accounting department at a major software manufacturer has asked you to put together a pro forma statement of the company's value under several possible growth scenarios and the...

Answered: 1 week ago

Question

★★★★★

Mrs. Porter's mother is a feisty, independent 86-year-old widow by the name of Mary Brown. Mary Brown still lives in her own home, with a few hours of home support twice a week. Mary comes into the...

Answered: 1 week ago

Question

★★★★★

2. Missing data, ROI. The following excerpted data were taken from a report published by retailing industry: Red Company Blue Company White Company Sales P6,000,000 P 4,800,000 P2 1,200,000 Net...

Answered: 1 week ago

Question

★★★★★

Maria works for a large, local company. She is an administrative assistant to the director of the Human Resources Department, the person who hires new employees. Many people come into Maria's office...

Answered: 1 week ago

Question

★★★★★

The current period statement of cash flows includes the following: The cash balance at the end of the period is a. $290,912 b. $529,997 c. $784.877 d. $471,969

Answered: 1 week ago

Question

★★★★★

A stock has had returns of 8 percent, 26 percent, 14 percent, 17 percent, 31 percent, and 1 percent over the last six years. What are the arithmetic and geometric average returns for the stock?

Answered: 1 week ago

Question

★★★★★

Complete the following sentence: The gross profit margin percentage represents the proportion of What do efficiency measures indicate about a business?

Answered: 1 week ago

Question

★★★★★

LO3: Identify the main ratios used to analyse efficiency regarding usage of assets, and apply these ratios to a business

Answered: 1 week ago

Question

★★★★★

10.15 LO2 Ratios that use values from both the income statement and the balance sheet require the calculation of average amounts for the balance sheet amounts. Why is this done, and when will the...

Answered: 1 week ago

Previous Question Next Question