Question

Find the number of units x that produces a maximum revenue R. R = 180x2 −...

Find the number of units x that produces a maximum revenue R.

R = 180x2 − 0.08x3

x =  units

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Revenue for the numbers of units X is given by R=36X^2-0.05X^3 Find the number of units...
Revenue for the numbers of units X is given by R=36X^2-0.05X^3 Find the number of units X that that maximizes revenue.
Find the maximum profit and the number of units that must be produced and sold in...
Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, R(x) and cost C(x) of producing units in dollars. R(x)=4x, , C(x) = 0.05x ^ 2 + 0.8x + 5 What is the production for the maximum profit? units What is the profit?
Find the maximum profit and the number of units that must be produced and sold in...
Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that​ revenue, R(x), and​ cost, C(x), of producing x units are in dollars. ​R(x)=40x−0.1x^2, ​C(x)=4x+10 In order to yield the maximum profit of ​$__ , __ units must be produced and sold. (Simplify your answers. Round to the nearest cent as​ needed.)
Find the maximum revenue for the revenue function R(x) = 373x − 0.6x2. (Round your answer...
Find the maximum revenue for the revenue function R(x) = 373x − 0.6x2. (Round your answer to the nearest cent.)
Total revenue is in dollars and x is the number of units. Suppose that the total...
Total revenue is in dollars and x is the number of units. Suppose that the total revenue function for a commodity is R = 81x − 0.02x2. (a) Find R(100). $ Tell what it represents. The actual revenue of the 100th unit is this amount. The revenue decreases by about this amount when the number of units is increased from 100 to 101.     100 units produce this amount of revenue. 101 units produce this amount of revenue. The revenue increases...
The demand for cat food is given by D(x)=110e^−0.02x where x is the number of units...
The demand for cat food is given by D(x)=110e^−0.02x where x is the number of units sold and D(x) is the price in dollars. Find the revenue function. R(x)= Find the number of units sold that will maximize the revenue. Select an answer units or dollars   Find the price that will yield the maximum revenue. Select an answer units or dollars  
Cost, revenue, and profit are in dollars and x is the number of units. Suppose that...
Cost, revenue, and profit are in dollars and x is the number of units. Suppose that the total revenue function for a product is R(x) = 55x and that the total cost function is C(x) = 2200 + 35x + 0.01x2. (a) Find the profit from the production and sale of 500 units. (b) Find the marginal profit function (c) Find MP at x = 500. Explain what it predicts. The total profit will ------ by approximately $------- on the...
assume that revenue, R(x), and cost, C(x), of producing x units are in dollars: R(x)=9x-2x^2 C(x)=x^3...
assume that revenue, R(x), and cost, C(x), of producing x units are in dollars: R(x)=9x-2x^2 C(x)=x^3 - 3x^2 +4x +1 how many units must be produced to maximize profit? what is the maximum profit as a dollar amount?
A company manufactures microchips. Use the revenue function R(x) = x(75-3x) and the cost function C(x)...
A company manufactures microchips. Use the revenue function R(x) = x(75-3x) and the cost function C(x) = 125+14x to answer parts (A) through (D), where x is in millions of chips and R(x) and C(x) are in millions of dollars. Both functions have domain 1≤ x ≤ 20. (D) Find the value of x (to the nearest thousand chips) that produces the maximum profit. Find the maximum profit (to the nearest thousand dollars), and compare it to the maximum revenue....
Total revenue is in dollars and x is the number of units. Suppose that in a...
Total revenue is in dollars and x is the number of units. Suppose that in a monopoly market, the demand function for a product is given by the following equation, where x is the number of units and p is the price in dollars. p = 370 − 0.3x (a) Find the total revenue from the sale of 500 units. $ (b) Find the marginal revenue at 500 units. $ (c) Is more revenue expected from the 501st unit sold...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT