FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose the revenue from producing (and selling) x units of a product is given by R(x) = 5x - .02x dollars. (a) Find the marginal

image text in transcribed
Suppose the revenue from producing (and selling) x units of a product is given by R(x) = 5x - .02x dollars. (a) Find the marginal revenue at a production level of 30. (b) Find the production levels where the revenue is $300. (a) The marginal revenue at a production level of 30 is dollars per unit

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_2

Step: 3

blur-text-image_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

Calculus

Calculus

Authors: Howard Anton, Irl C Bivens, Stephen Davis

10th Edition

1118404009, 9781118404003

More Books

Students also viewed these Mathematics questions

Question

★★★★★
Let f and g be the functions in Exercise 55. (a) If F(x) = f(f(x)), find F(2). (b) If G(x) = g(g(x)), find G(3)

Answered: 1 week ago

Question

★★★★★
We continue our study of the garden-gnome industry. Suppose that initially everything was as described in the previous problem. To the complete surprise of everyone in the industry, on January 1,...

Answered: 1 week ago

Question

★★★★★
Use the least squares regression lines found in Exercise 8.28 to predict PCTBF when (a) Chest=105. (b) Abdomen=120. (c) Wrist=17.

Answered: 1 week ago

Question

★★★★★
The following information relates to Hudson City for its scal year ended December 31, 2014. On January 31, 2014, the city purchased as an investment for its debt service fund a fteen-year, 6...

Answered: 1 week ago

Question

★★★★★
EXERCISE 6-8 Segmented Income Statement [LO4] Michaels Company segments its income statement into its East and West Divisions. The com- pany's overall sales, contribution margin ratio, and net...

Answered: 1 week ago

Question

★★★★★
Carla Vista Co.closes its books on its July 31 year end. The company does not make entries to accrue for interest except at its year end. On June 30, the Notes Receivable account balance is $23,600....

Answered: 1 week ago

Question

★★★★★
The amount of pollutants that are found in waterways near large cities is normally distributed with mean 9 ppm and standard deviation 1.3 ppm. 38 randomly selected large cities are studied. Round all...

Answered: 1 week ago

Question

★★★★★
Your faculty member will divide the class into teams. Each team will select a specific organization they will be developing the security program for a hospital, college, government building, or...

Answered: 1 week ago

Question

★★★★★
2. You are working for a glider manufacturer and have been asked to analyse the laminar boundary layer at a certain point on the smooth wing. The velocity profile at this point, u(y), is given by: u...

Answered: 1 week ago

Question

★★★★★
Please solve correctly Identify and discuss five roles of a Chief Executive Officer in an organisation, and show how these roles can be applied to ensure good corporate governance (Must not be less...

Answered: 1 week ago

Question

★★★★★
critically evaluate the current industrial relations systems in Kenya (10 marks)

Answered: 1 week ago

Question

★★★★★
Database includes 2 years worth of actual data and one year of budget data for a retail business with 2 locations. In 2017, there was just one location, North. In January 2018, a new location, South,...

Answered: 1 week ago

Question

★★★★★
8. Based on the model in Fig. 10.2 in this chapter, analyse yourself and find out which cell you would place yourself in. Let another person in the group analyse you. Did he/she choose the same cell...

Answered: 1 week ago

Question

★★★★★
9. Take four examples from your own everyday life where someone has tried to influence you. Which of the seven influencing techniques mentioned above were used? Did they use any other influencing...

Answered: 1 week ago

Question

★★★★★
10. First test yourself and then let another member of the group test you in relation to the following questions. If deviations occur, discuss why this might be. What can the results of this test be...

Answered: 1 week ago

Previous Question Next Question