Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Marginal Revenue for Gaming Mice The quantity of Sensitech laser gaming mice demanded each month is related to the unit price by the equation 54

image text in transcribed
image text in transcribed
Marginal Revenue for Gaming Mice The quantity of Sensitech laser gaming mice demanded each month is related to the unit price by the equation 54 .::=2 (OSXSZD) 0.01;: +1 where p is measured in dollars and x in units of a thousand. Find the following functions (in dollars) and compute the following. (3) Find the revenue function R. :I (b) Find the marginal revenue function R'. R(x) = R '(x) = (c) Compute R '(2). [Round your answer to three decimal places.) em = :1 Heed Help? 5. [14 Points] DETAILS TANAPCALC1O 3.4.011. MY NOTES PRACTICE ANOTHER Marginal Prot for Producing Loudspeakers Acrosonic's production department estimates that the total cost (in dollars) incurred in manufacturing x EIectroStat speaker systems in the first year of production will be represented by the following function. where R(x) is the revenue function in dollars and x denotes the quantity demanded. Find the following functions (in dollars) and compute the values (in dollars). C(x) = 290): + 28,000 and R(x) = o.04x2 + 800x (a) Find the profit function P. PIX) =I (b) Find the marginal profit function P'. j (c) Compute the following values. elem = :1 p'i9,9oo} = Z Need Help? pm = 6. [14 Points] DETAILS WANEFMAC? 11.2.006. MY NOTES PRACTICE ANOTHER Find the marginal cost, marginal revenue, and marginal prot functions. (50:) = 4x2; R(x) = x3 + 5x + 17 marginal revenue I I marginal cost marginal profit I I Find all values ofx for which the marginal prot is zero. Interpret your answer. (Enter your answers as a comma-separated list.) Heed Help

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

College Physics

Authors: Jerry D. Wilson, Anthony J. Buffa, Bo Lou

7th edition

9780321571113, 321601831, 978-0321601834

Students also viewed these Mathematics questions