Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Suppose a company's revenue function is given by Re-38g and its cont function is gonty Clg) 250+ 18g. where g is hundreds of units
Suppose a company's revenue function is given by Re-38g and its cont function is gonty Clg) 250+ 18g. where g is hundreds of units sold/produced, white (g) and Cig) are in total dol of revenue and cost, respectively A) Find a simplifies expression for the marginal profit function. Be sure to use the peace were in you" answer.) MPa) 3) How many items th hundreds) rases to he said to masiwe profits N undred units must ce soid. Rund to two decimal places. A manufacture has been selling 1450 television sets a week at $450 each. A market survey indicates the for each $29 rebate offered to a buyer, the number of sets sold will increase by 290 per week. al Fins the demand function p(x), where x is the number of the television sets sold per wook. b) How large rebate should the company offer to a buyer, in ander to macieze its revenue?
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