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

Question

1 Approved Answer

The Demand function for a paticular product is given by D(x)=sqrt(2x^(2))+8x+110 dollars, where x is the number of units sold. What is the marginal revenue

The Demand function for a paticular product is given by
D(x)=sqrt(2x^(2))+8x+110
dollars, where x is the number of units sold. What is the marginal revenue when 13 items are sold? round your answer to 2 decimal places.

Step by Step Solution

★★★★★

3.38 Rating (151 Votes )

There are 3 Steps involved in it

Step: 1

GivenDemand Function Dx 2x 8x 110 Total revenue Tx Dx x 2x ... 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

Mathematical Applications for the Management Life and Social Sciences

Mathematical Applications for the Management Life and Social Sciences

Authors: Ronald J. Harshbarger, James J. Reynolds

11th edition

9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042

More Books

Students also viewed these Accounting questions

Question

★★★★★
The demand function for a certain product is given by p= 500 + 1000 / q+1 Where p is the price and q is the number of units demanded. Find the average price as demand ranges from 49 to 99 units.

Answered: 1 week ago

Question

★★★★★
The demand function for a cola-type soft drink in general is Q = 20 - 2P, where Q stands for quantity and P stands for price. a. Calculate point elasticities at prices of 5 and 9. Is the demand curve...

Answered: 1 week ago

Question

★★★★★
The demand function for a product is given by P = 200 / 2 + 0.1x Where x is the number of units and p is the price in dollars. (a) Graph this demand function for 0 ( x ( 250, with x on the horizontal...

Answered: 1 week ago

Question

★★★★★
Quick Fix-it Corporation was organized in January 2011 to operate several car repair businesses in a large metropolitan area. The charter issued by the state authorized the following capital stock:...

Answered: 1 week ago

Question

★★★★★
What are the trade-offs involved in deciding how far data streams should be exploded?

Answered: 1 week ago

Question

★★★★★
1. Identify at least one important hub and one important broker in the Unit 8200 network. 2. If you were a foreign cyber-security company, what would you do to access Israels expertise?

Answered: 1 week ago

Question

★★★★★
3. Understand the implications of developing empirically-based interviewing techniques for improving the event recall of eyewitnesses.

Answered: 1 week ago

Question

★★★★★
Surface defects have been counted on 25 rectangular steel plates, and the data are shown in Table 6E.9. Set up a control chart for nonconformities using these data. Does the process producing the...

Answered: 1 week ago

Question

★★★★★
2. A three-column cash book is to be written up from the following details and balanced off. 20 Marks 2021 May 1 Balances brought forward: Cash RM420; Bank RM4940. 2 The following paid their accounts...

Answered: 1 week ago

Question

★★★★★
Wayland Custom Woodworking is a firm that manufactures custom cabinets and woodwork for business and residential customers. Students will have the opportunity to establish payroll records and to...

Answered: 1 week ago

Question

★★★★★
How does the "waterfall" photo relate to something found in chapters 6 and 7 of "The Art and Science of Leadership, by Afsaneh Nahavandi?"

Answered: 1 week ago

Question

★★★★★
Write a 175- to 350-word email that you could send to classmates informing them of the important points of the NHA exam and how to plan to sit for the exam. Address the following in your email: What...

Answered: 1 week ago

Question

★★★★★
10. According to the Harvard Business Review article "The Secrets of Great Teamwork," which one of the following is true? (5 Points) A compelling mission statement and vision are more important than...

Answered: 1 week ago

Question

★★★★★
Explain the basic tradeoff a state makes when it tightens regulations on licenses for physicians, pharmacists, or any other professionals. What are the costs and benefits?

Answered: 1 week ago

Question

★★★★★
Starting from your project idea, generate the complete structure of the Technical Title Project document, developing the "Preliminary or presentation section", corresponding to the contents of unit...

Answered: 1 week ago

Question

★★★★★
4.49 Mr. Williams deposits $200 in the bank at the end of each quarter. If the bank pays 6% per year. compounded quarterly. how much money will Mr. Williams have accumulated at the end of 12 years?...

Answered: 1 week ago

Question

★★★★★
You, YU CPA student, was asked by a small company to perform some management advisory services. The following information pertains to 2019 operations. Sales (5,000 microwave ovens) Cost of goods sold...

Answered: 1 week ago

Question

★★★★★
Explain the operation of the dividends received deduction.

Answered: 1 week ago

Question

★★★★★
The total revenue function for a commodity is R = 40x - 0.02x2, with x representing the number of units. (a) Find the marginal revenue function. (b) At what level of production will marginal revenue...

Answered: 1 week ago

Question

★★★★★
1. If z = x3 + 4x2y + 6y2, find zx and zy. 2. If z = 3xy + y2, find zx and zy.

Answered: 1 week ago

Question

★★★★★
A young man plans to sell umbrellas at the city's Easter Parade. He knows that he can sell 180 umbrellas at $10 each if it rains hard, he can sell 50 if it rains lightly, and he can sell 10 if it...

Answered: 1 week ago

Question

★★★★★
Calculate the purchase price of each of the $1000 face value bonds

Answered: 1 week ago

Question

★★★★★
A bond with a face value of $1000 and 15 years remaining until maturity pays a coupon rate of 10%. Calculate its yield to maturity if it is priced at $1250.

Answered: 1 week ago

Question

★★★★★
Bonds D and E both have a face value of $1000 and pay a coupon rate of 7%. They have 5 and 20 years, respectively, remaining until maturity. Calculate the yield to maturity of each bond if it is...

Answered: 1 week ago

Previous Question Next Question