Suppose that the revenue in dollars from the sale of x units of a product is given
Question:
R(x) = 1000xe-x/50
Find the marginal revenue function.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
x50 Rx1000xe ...View the full answer
Answered By
Fahmin Arakkal
Tutoring and Contributing expert question and answers to teachers and students.
Primarily oversees the Heat and Mass Transfer contents presented on websites and blogs.
Responsible for Creating, Editing, Updating all contents related Chemical Engineering in
latex language
4.40+
8+ Reviews
22+ Question Solved
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Calculus questions
-
Suppose that the revenue in dollars from the sale of x campers is given by R(x) = 60,000x + 40,000(10 + x)-1 - 4000 (a) Find the marginal revenue when 10 units are sold. (b) How is revenue changing...
-
Suppose that the revenue (in dollars) from the sale of a product is given by R = 70x + 0.5x2 - 0.001x3 where x is the number of units sold. How fast is the marginal revenue MR changing when x = 100?
-
The John Deere company has found that the revenue, in dollars, from sales of riding mowers is a function of the unit price p, in dollars, that it charges. If the revenue R is what unit price p should...
-
Toby dies on 2 March 2021, leaving an estate valued at 400,000. None of the transfers made on death are exempt from IHT. Calculate the IHT due on the estate if the total of the gross chargeable...
-
Two stones are thrown vertically up at the same time. The first stone is thrown with an initial velocity of 11.0m/s from a 12th-floor balcony of a building and hits the ground after 4.5s. With what...
-
Sort 3, 1, 4, 1, 5, 9, 2, 6, 5, 3, 5 using quicksort with median-of-three partitioning and a cutoff of 3.
-
In hypothesis testing, does choosing between the critical value method or the P-value method affect your conclusion? Explain.
-
The real risk-free rate is 3.55%, inflation is expected to be 2.55% this year, and the maturity risk premium is zero. Taking account of the cross-product term, i.e., not ignoring it, what is the...
-
Preparing a direct materials budget Each unit requires 3 l b s . of DM DM costs $ 0 . 6 0 per lb . Miles will begin the year with 2 0 , 0 0 0 l b s . of DM , but 3 0 , 0 0 0 l b s . at the end of...
-
8.1 Create a one-way data table for profit at different levels of supplier contact in range B22:C33. Ensure that the price in cell C3 is $290 and the advertising budget in cell C5 is $35,000,000 (you...
-
Suppose that the total cost in dollars of producing x units of a product is given by C(x) = 10,000 + 20xex/600 Find the marginal cost when 600 units are produced.
-
1. The percent concentration y of a certain drug in the bloodstream at any time t (in hours) is given by y = 100(1 - e-0.462t) (a) What function gives the instantaneous rate of change of the...
-
If you want an effective rate of 5 percent, what is an acceptable quoted rate if money is compounded monthly?
-
Antismoking advocates cheered in the summer of 1997 when the U.S. tobacco industry agreed to pay out more than U.S. \($368.5\) billion to settle lawsuits brought by forty states seeking compensation...
-
Generate the full set of clauses for the map-coloring graph in Figure 8.1. Resolve these clauses to prove that a three-coloring solution does exist for the graph. data from figure 8.1 A B C D
-
To test \(H_{0}: \mu=80\) versus \(H_{1}: \mu <80\), a simple random sample of size \(n=22\) is obtained from a population that is known to be normally distributed. (a) If \(\bar{x}=76.9\) and...
-
Check that there are at least \(2\left(\begin{array}{c}n \\ 3\end{array} ight)\) different hierarchical models which contain all twoway interaction terms for an \(n\)-way contingency table.
-
A cam with \(30 \mathrm{~mm}\) as minimum diameter is rotating clockwise at a uniform speed of \(1200 \mathrm{rpm}\) and operates a roller follower of \(10 \mathrm{~mm}\) diameter as given below: (i)...
-
Why should business owners take time to discuss the control each will exert over the organizations activities?
-
Record the following selected transactions for March in a two-column journal, identifying each entry by letter: (a) Received $10,000 from Shirley Knowles, owner. (b) Purchased equipment for $35,000,...
-
The figure shows the graphs of f, f, and f. Identify each curve, and explain your choices. a b.
-
The figure shows graphs of f, f, f and f. Identify each curve, and explain your choices. abcd
-
The figure shows the graphs of three functions. One is the position function of a car, one is the velocity of the car, and one is its acceleration. Identify each curve, and explain your choices. b
-
Assignment Title: The Role of Bookkeeping in Business Management and Financial Reporting Objective: Understand the importance of proper bookkeeping procedures in the management of...
-
17) The adjustment that is made to allocate the cost of a building over its expected life is called:A) depreciation expense.B) residual value.C) accumulated depreciation.D) None of the above answers...
-
9) Prepaid Rent is considered to be a(n):A) liability.B) asset.C) contra-asset.D) expense.10) As Prepaid Rent is used, it becomes a(n):A) liability.B) expense. C) contra-asset.D) contra-revenue.11)...
Study smarter with the SolutionInn App