Question

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.)

Math   Algebra   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

for the maximum revenue derivative is zero

.........here we use exact value ....but we can take round off integer value also

.

put in given funciton

maximum revenue

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
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....
If C(x) = 14000 + 600x − 0.6x2 + 0.004x3 is the cost function and p(x)...
If C(x) = 14000 + 600x − 0.6x2 + 0.004x3 is the cost function and p(x) = 1800 − 6x is the demand function, find the production level that will maximize profit. (Hint: If the profit is maximized, then the marginal revenue equals the marginal cost.)
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
Assume the demand function is D(x)= -0.6x2+160 and the supply function is S(x)= 0.4x2 +x+50 find...
Assume the demand function is D(x)= -0.6x2+160 and the supply function is S(x)= 0.4x2 +x+50 find the consumer surplus A) 100 200 300 400 500 600 700 None
The revenue function of a company is given by R(x)=-2x^2+25x+150, the cost function is given by...
The revenue function of a company is given by R(x)=-2x^2+25x+150, the cost function is given by C(x)=13x+100 a. Find the marginal cost and marginal revenue function. b. Find the production level x where the profit is maximized. Then find the maximum 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 of x in the bottom quartile. (Round your answer to four decimal places.)...
Find the maximum of x in the bottom quartile. (Round your answer to four decimal places.) X ~ N(5, 9)
If a company's marginal revenue function is MR(x) = xex/5, find the revenue function. [Hint: Evaluate...
If a company's marginal revenue function is MR(x) = xex/5, find the revenue function. [Hint: Evaluate the constant C so that revenue is 0 at x = 0.] R(x) =
The monthly demand function for x units of a product sold by a monopoly is p...
The monthly demand function for x units of a product sold by a monopoly is p = 6,100 − 1/2x2  and its average cost is C = 3,030 + 2x dollars. Production is limited to 100 units. a) Find the profit function, P(x), in dollars. b) Find the number of units that maximizes profits. (Round your answer to the nearest whole number.) c) Find the maximum profit. (Round your answer to the nearest cent.)
Find the absolute minimum and the absolute maximum of the function on the interval given. (Round...
Find the absolute minimum and the absolute maximum of the function on the interval given. (Round your answers to four decimal places.) f(x) = 2xe−x  on [0, 4]. (and yes i do mean ^-x)
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT