Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

f Inbox Mark cross '9 Pears e Afur m Math 5 UNC Maximum Revenue Jester's Deli sells 640 sandwiches at a price of $8 each

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
f Inbox <_ uneg o account dashboard courses calendar c9 history w_ progi e ff prodi i uncgtinstructureicomst fall home announcements discussions grades mylab and mastering syhabus modules id photo roster library resources course materials right> Mark cross '9 Pears e Afur m Math 5 UNC Maximum Revenue Jester's Deli sells 640 sandwiches at a price of $8 each A market survey shows that for every $010 reduction in price, 40 more sandwiches will be sold. Let m represent the number of $0.10 reductions. Use this information to answer questions 5-12 below. , Question 5 2 pts Use the Maximum Revenue information above to answer this question. . 8 7 010$ v [Select] price per sandwich . 640 + 4036 revenue number of sandwiches sold , Question 6 2 pts Use the Maximum Revenue information above to answer this question. We need to maximize [Salem] V ,which is the price per sandwich times the M Inbox w progr Progrodu G right t M Inbox Q Leade Logou Q Leade O Marke Gcross P Pears G A func X Math M UNCC Q X O ch 15 Grenev C uncg.instructure.com/courses/105645/quizzes/311111/take Update : UNCC Use the Maximum Revenue information above to answer this question. Fall 2022 Home . 8 - 0.10x = [Select ] O Announcements . 640 + 40x = [ Select ] Account Discussions Grades Dashboard MyLab and Mastering Courses D Question 6 2 pts Syllabus Groups Modules Use the Maximum Revenue information above to answer this question. ID Photo Roster Calendar Library Resources We need to maximize v [ Select ] , which is the price per sandwich times the price per sandwich Course Materials number of sandwiche profit Inbox revenue History D Question 7 2 pts Studio ? Help Use the Maximum Revenue information above to answer this question. Since price cannot be negative, we have a . KM Inbox w progr Progreprodu G right t M Inbox Q Leade Logou Q Leade Q Marke G cross P Pears G A func X Mathy M UNCC Q X O ch 15 Grenev C uncg.instructure.com/courses/105645/quizzes/311111/take Update : UNCC Fall 2022 Home O Announcements Account Discussions D Question 8 2 pts Grades Dashboard MyLab and Use the Maximum Revenue information above to answer this question. Mastering Courses A negative value of x would result in a price increase. Syllabus Since the problem is stated in terms of price reductions, we must restrict a so that x 2 Groups Modules ID Photo Roster Calendar Library Resources Course Materials Inbox D Question 9 2 pts History Use the Maximum Revenue information above to answer this question. Studio The revenue function R(x ) has one critical number x = _ ? Help D Question 10 2 pts KM Inbox w progr Progreprodu G right t M Inbox Q Leade Logou Q Leade Q Marke G cross P Pears G A func Math M UNCC Q X Q ch 15 Grenev C uncg.instructure.com/courses/105645/quizzes/311111/take Update : UNCC Fall 2022 Home O Announcements Account Discussions D Question 10 2 pts Grades Dashboard MyLab and Use the Maximum Revenue information above to answer this question. Mastering Courses Since R(a) is continuous, we can determine the absolute maximum by evaluating R(a) at the Syllabus endpoints and the critical number. Groups Modules After doing so, we see the maximum revenue occurs when * = price reductions. ID Photo Roster Calendar Library Resources Course Materials Inbox History D Question 11 2 pts Studio ? Use the Maximum Revenue information above to answer this question. Help The maximum revenue is $ Round to the nearest cent. KM Inbox w progr Progreprodu G right t M Inbox Q Leade Logou Q Leade O Marke G cross Pears GA func Math M UNCC Q X Q ch 15 Grenev C uncg.instructure.com/courses/105645/quizzes/311111/take Update : After doing so, we see the maximum revenue occurs when t _ price reductions. UNCC Fall 2022 Home O Announcements Account Discussions Grades Dashboard MyLab and D Question 11 2 pts Mastering Courses Syllabus Use the Maximum Revenue information above to answer this question. Groups Modules The maximum revenue is $ Round to the nearest cent. ID Photo Roster Calendar Library Resources Course Materials Inbox History D Question 12 2 pts Studio Use the Maximum Revenue information above to answer this question. ? The price of a sandwich that yields the maximum revenue is $_ per sandwich. Round to the Help nearest cent. K

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

A Mathematical Theory Of Evidence

Authors: Glenn Shafer

1st Edition

0691214697, 9780691214696

More Books

Students also viewed these Mathematics questions

Question

14. Let X be uniform over (0, 1). Find E[X|X Answered: 1 week ago

Answered: 1 week ago