Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Nov 13, 2019

A manufacturer has determined that the marginal profit from the production and sale of x ice cream makers is approximately 4805x dollars per ice cream

A manufacturer has determined that the marginal profit from the production and sale of x ice cream makers is approximately 480−5x dollars per ice cream maker.

Find the profit function if the profit from the production and sale of 2424 ice cream makers is $2000

What is the profit from the sale of 6060 ice cream makers?

Step by Step Solution

★★★★★

3.51 Rating (154 Votes )

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

Fundamental Accounting Principles

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

20th Edition

1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870

More Books

Students also viewed these Mathematics questions

Question

★★★★★

The following costs result from the production and sale of 4,000 drum sets manufactured by Vince Drum Company for the year ended December 31, 2011. The drum sets sell for $250 each. The company has a...

Answered: 1 week ago

Question

★★★★★

The following costs result from the production and sale of 1,000 drum sets manufactured by Tight Drums Company for the year ended December 31, 2017. The drum sets sell for $500 each. The company has...

Answered: 1 week ago

Question

★★★★★

The following costs result from the production and sale of 1,000 drum sets manufactured by Tight Drums Company for the year ended December 31, 2015. The drum sets sell for $500 each. The company has...

Answered: 1 week ago

Question

★★★★★

What is the best way to describe automation? developing highly advanced robots that can mimic higher-levelhuman thinking making human workers fully reliant on technology to performtheir job...

Answered: 1 week ago

Question

★★★★★

Taxable income and income tax rates for 2013-2015 for the company have been as follows: Make the journal entry necessary to record any NOL carryback in 2015. Total Tax Paid $18,750 15,000 0 Taxable...

Answered: 1 week ago

Question

★★★★★

Based on your work in Exercise 3 above, create a Risk Analysis Model.

Answered: 1 week ago

Question

★★★★★

We toss a coin four times: A: the first and the third outcomes are Heads; B: exactly two heads appear; C: the number of heads is 3 or more.

Answered: 1 week ago

Question

★★★★★

What is the specific purpose of an acceptable use policy?

Answered: 1 week ago

Question

★★★★★

Within the remote nation of New Hope, total Industrial production is currently creating a constant level of GDP that results in 2,600 million tonnes per year of carbon being released into the...

Answered: 1 week ago

Question

★★★★★

KEW Enterprises began operations in January 20X1 to manufacture a hand sanitizer that promised to be more effective and gentler on the skin than existing products. Family members, one of whom was...

Answered: 1 week ago

Question

★★★★★

Question 42 (1 point) Donna earns an annual salary of $87,000 which is paid out monthly. Calculate her salary for one pay period.

Answered: 1 week ago

Question

★★★★★

Case 2: Maria Sosa is selling a 2015 Nissan Verson SV to Juan Rodriguez for RD$400,000.00 pesos. Juan Rodriguez tells her that he will pay Mrs. Sosa in cash. Analyze the case and then answer: Can Mr....

Answered: 1 week ago

Question

★★★★★

It is estimated that 28% of all adults in the United States invest in stocks and that 83% of U.S. adults have investments in fixed income instruments (savings accounts, bonds, etc.). It is also...

Answered: 1 week ago

Question

★★★★★

Stillwater Stationery has two business segments, the Paper Segment and the Writing Implement Segment. The contribution margin for the Paper Segment is $98,000 and the contribution margin for the...

Answered: 1 week ago

Question

★★★★★

Answer these questions for an upvote! In "Are prison diets punitive? A report from behind bars" Lupa Grant and Zahara Green describe prison diets as a public health problem. For this your initial...

Answered: 1 week ago

Question

★★★★★

How do you say "At 9:45" in Spanish? a.) A las diez menos cuarto. b.) Es las diez cuarenta y cinco. c.) A las nueve y quince. d.) Son las nueve y cuarto

Answered: 1 week ago

Question

★★★★★

What is the output of the following code: int main ( ) { int x = 5 ; if ( fork ( ) = = 0 ) else x + + ; x - cdots; printf ( " % d \ t " , x ; / / print value of x return ; } Select one: a . 4 b . 5 c...

Answered: 1 week ago

Question

★★★★★

Define a traverse in Surveying?

Answered: 1 week ago

Question

★★★★★

On May 11, Smythe Co. accepts delivery of $30,000 of merchandise it purchases for resale from Hope Corporation. With the merchandise is an invoice dated May 11, with terms of 3/10, n/90, FOB shipping...

Answered: 1 week ago

Question

★★★★★

Both managerial accounting and financial accounting provide useful information to decision makers. Indicate in the following chart the most likely source of information for each business decision (a...

Answered: 1 week ago

Question

★★★★★

Refer to Nokias financial statements in Appendix A. Compute its debt ratio as of December 31, 2009, and December 31, 2008.

Answered: 1 week ago

Question

★★★★★

Below is a list of costs. Classify each of them as variable, fixed, or mixed (a combination of variable and fixed components). a. Cost of raw materials used in producing a firms products. b. Property...

Answered: 1 week ago

Question

★★★★★

-2x + y = 4 over the range x = -3 to x = 6 Graph each of the equations.

Answered: 1 week ago

Question

★★★★★

x + y = 4 2x - y = 8 Use the graphical method to solve each of the above pairs of equations.

Answered: 1 week ago

Previous Question Next Question