Question

The marginal revenue of the xth box of flash cards sold is 400e−0.001x dollars per box....

The marginal revenue of the xth box of flash cards sold is

400e−0.001x dollars per box.

Find the revenue generated by selling items 101 through 8,000. HINT [See Example 5.] (Round your answer to the nearest cent.)

Math   Calculus   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

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
Suppose a product's revenue function is given by R(q)=−7q^2+200q, where R(q) is in dollars and q...
Suppose a product's revenue function is given by R(q)=−7q^2+200q, where R(q) is in dollars and q is the number of units sold. Use the marginal revenue function to find the approximate revenue generated by selling the 39th unit. Marginal revenue= ? dollars per unit A company selling widgets has found that the number of items sold, x, depends upon the price, p at which they're sold, according the equation x=40000√5p+1 Due to inflation and increasing health benefit costs, the company...
The management of a watch company has determined that the daily marginal revenue function associated with...
The management of a watch company has determined that the daily marginal revenue function associated with producing and selling their travel clocks is given by: R ′ (x) = - 0.08x + 24, where x denotes the number of units produced and sold and R ′ (x) is measured in dollars/unit. a) Use the Marginal revenue function to estimate the revenue from the sale of the 200th clock. Round your answer down to the nearest penny.    b) Determine the...
A company determines that its marginal revenue per day is given by R′(t)​, where R(t) is...
A company determines that its marginal revenue per day is given by R′(t)​, where R(t) is the total accumulated​ revenue, in​ \ dollars, on the tth day. The​ company's marginal cost per day is given by C′(t)​, where C(t) is the total accumulated​ cost, in​ dollars, on the tth day. R′(t)=130et​, R(0)=​0; C′(t)=130−0.8t​, C(0)=0 ​a) Find the total profit​ P(T) from t=0 to t=10 ​(the first 10 ​days). P(T)=R(T)−C(T)=∫T0R′(t)−C′(t) dt The total profit is $___ ​(Round to the nearest cent...
A produce and distributor of gift cards produces xx boxes of cards per day at an...
A produce and distributor of gift cards produces xx boxes of cards per day at an average cost ¯¯¯C(x) (in dollars) of ¯¯¯C(x)=12x+9000/3x+420 Round your answers to the nearest cent, if needed. a. Find the average rate of change in the average cost, as production increases from 50 boxes/day to 100 boxes per day. b.  Find the average rate of change in the average cost, as production increases from 80 boxes/day to 100 boxes per day.
Acme finds that its monthly revenue, in dollars, from the sale of x carry-on suitcases is...
Acme finds that its monthly revenue, in dollars, from the sale of x carry-on suitcases is 0.003x3−0.6x2+110x. Currently Acme is selling 21 carry-on suitcases monthly. a) What is the current monthly revenue? Select an answer dollars per year, dollars per day dollars per month, dollars per suitcase b) How much would revenue increase if sales increased from 21 to 23 suitcases? Select an answer dollars per suitcase dollars per year dollars per day dollars per month c) What is the...
3. Let ?(?) be the revenue in dollars from selling ? units. If ?(200) = 540...
3. Let ?(?) be the revenue in dollars from selling ? units. If ?(200) = 540 and ?′(200) = 17.. a. Verbally interpret ?(200) b. Estimate the revenue generated from the production of 201 units. c. If the cost in dollars to produce ?? units is given by ?(?) = ?.??x , is it profitable to raise the production to 201 units? Explain in a sentence. 4. An online shopping website has determined that the number of items orders they...
The marginal cost, in dollars per unit, for a company's portable heater is C'(q) = 48...
The marginal cost, in dollars per unit, for a company's portable heater is C'(q) = 48 − 0.03q + 0.00002q2 and the marginal revenue is R'(q) = 44 − 0.007q. Find the area A between the graphs of these functions for 0 ≤ q ≤ 210. (Note that C'(q) > R'(q) for 0 ≤ q ≤ 210. Round your answer to two decimal places.)
Find the amount accumulated FV in the sinking fund. HINT [See Example 1.] (Assume end-of-period deposits...
Find the amount accumulated FV in the sinking fund. HINT [See Example 1.] (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $400 is deposited monthly for 10 years at 2% per year in an account containing $6,000 at the start FV = $ Find the periodic payments PMT necessary to accumulate the amount given in a sinking fund. HINT [See Example 2.] (Assume end-of-period deposits and compounding at the same...
Suppose a company has fixed costs of $48,000 and variable cost per unit of 2/5x +...
Suppose a company has fixed costs of $48,000 and variable cost per unit of 2/5x + 444 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 2468 −3/5x dollars per unit. (a) Find the break-even points. (Enter your answers as a comma-separated list.) x =      (b) Find the maximum revenue. (Round your answer to the nearest cent.) $   (c) Form the profit function P(x) from the cost and...
Globus Autos sells a single product. 8,000 units were sold resulting in $83,000 of sales revenue,...
Globus Autos sells a single product. 8,000 units were sold resulting in $83,000 of sales revenue, $21,000 of variable costs, and $20,000 of fixed costs. If variable costs decrease by $1.00 per unit, the new margin of safety is ________. (Round intermediate calculations to the nearest cent.) Please explain each step and show formulas that are used.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT