The manufacturer of color televisions can sell 1900 sets to his dealers at $575 each. If the price is $470, he can sell 2600 sets. The total cost of producing x television sets is C(x)=3300+608x−0.09x^2. Assuming the demand function is linear, find the price per set that will maximize profit. Round your answer to the nearest cent, if necessary.
Answers
Answer:
$545
Step-by-step explanation:
Finding the price that maximizes profit requires several steps. We need the demand function that tells quantity sold in terms of selling price. With this, we can express the cost and revenue functions in terms of selling price. The profit will be the difference between revenue and cost.
__
demandThe demand (q) is said to be a linear function of price (p). The equation for that can be written ...
q(p) = (q2 -q1)/(p2 -p1)(p -p1) +q1 . . . . . for two points (p1, q1) and (p2, q2)
Using the given demand points, this can be ...
q(p) = (1900 -2600)/(575 -470)(p -470) +2600
q(p) = -20/3(p -470) +2600
q(p) = -20/3p +5733 1/3
__
costThe cost function in terms of selling price can be found by substituting the q(p) equation for x in c(x). For the purpose of finding the maximum profit, we only need the marginal cost function:
c(q(p))' = c'(q(p))·q'(p) = (608 -0.18(q(p)))·(-20/3) = (608 -0.18(-20/3p +5733 1/3))(-20/3)
c'(p) = -8p +2826 2/3
__
revenueAs with cost, the function we need for finding the maximum profit is the marginal revenue function. Revenue is the product of price and demand, so the marginal revenue is ...
r(p) = p·q(p)
r'(p) = q(p) +p·q'(p) = (-20/3p +5733 1/3) +p(-20/3)
r'(p) = -40/3p +5733 1/3
__
maximum profitThe maximum profit is found where the marginal profit is zero. In turn, that is found where the difference between marginal revenue and marginal cost is zero:
P = R -C
P'(p) = 0 = r'(p) -c'(p) = (-40/3p +5733 1/3) -(-8p +2826 2/3)
0 = -16/3p +2906 2/3
16p = 8720 . . . . . multiply by 3, add 16p
p = 545 . . . . . . . price for maximum profit
The price per set that maximizes profit is $545.00.
Related Questions
с
Fruit-O-Rama sells dried pineapple for $0.25 per
ounce Mags spent a total of $2.65 on pineapple.
How many ounces did she buy?
OZ
Answers
Answer:
10.6 oz
Step-by-step explanation:
X × 0.25 = 0.265
x= 2.65/0.25= 10.6 oz
18. a gamer played four games in 6 hours. she played each game for the same amount of time. how much time did she play each game on
a.2/3 hours
b. 1 hour
c. 1 1/2 hour
d. 2 hours
Answers
Answer:
c. 1 1/2 hours
Step-by-step explanation:
6 hours / 4 games = 1 1/2 hours per game
Another way to think of it:
1 hour = 60 minutes
6 hours = 6 hours x 60 minutes per hour = 360 minutes
360 minutes / 4 games = 90 minutes per game
90 minutes per game / 60 minutes per hour = 1.5 hours
1.5 hours is the same as 1 1/2 hours
So, the answer is c. 1 1/2 hours
Answer these?
3. John bought 2 kg apples, 4 kg mangoes, 1 kg pears and put them in his bag. Find the total weight of the fruits in his bag.
4. Three brothers weigh 30 kg, 25 kg and 45 kg. Find their total weight.
5. A man weighs 72 kg and his wife weighs 59 kg. How much does the man weigh more than his wife?
6. Papaya sells at $16 per kg. Find the cost of 4 kg of these papayas.
7. A bag of wheat weighs 25 kg. Find the total weight of 8 such bags.
Answers
Answer:
3. 7kg
4. 100kg
5. 13kg more
6. $64
7. 200kg
Given a right triangle Solve for C if a=3 and b=4=3 and b=4
Answers
the formula would be a^2 + b^2 = c^2. so do
3^2 + 4^2 = c^2
9+16=c^2
25 = c^2
then find the square root so
c = 5
14 8/9 less than the product of 8 and a number d
whats an exspression for this
Answers
Answer:
(8*d)-14 8/9
Step-by-step explanation:
14 8/9 less than means: -14 8/9
product of 8 and a number d means: 8*d
It says 14 8/9 less than the product meaning the multiplying must be done first: (8*d)-14 8/9
This all comes down to order of the equation, and logic to understand meanings of phrases.
What is the slope of the line y=4x – 6?
A.1/4
B.-6
C.4
D.6
Answers
Answer:
C. 4
Step-by-step explanation:
the slope is always the factor of x.
a furniture store sells kits that customers use to build cabinets. each kit contains 18 screws and a set number of boards. part B what is the value of x in jarreds equation
Answers
Answer:
x times square then subtract
find the dimension of a rectangle whose width is 6 miles less than it width and whose area is 72 square miles.
Answers
5. 7.NS.1.2
Express the following fraction as a decimal.
11
25
etib all
bolo
Answers
Answer:
0.44 is the correct answer
Answer:
.44
Step-by-step explanation:
11/25
Multiply the top and bottom by 4
11*4
-------
25*4
44
-----
100
The decimal is .44
Which value makes the equation 3x - 6 = 36 true?
A.) 10
B.)12
C.) 14
D.) 16
Answers
Answer:
C) 14
Step-by-step explanation:
3x-6=36
3x=36+6
3x=42
x=42/3
x=14
Muna claims that the expression (8)(16) + (8)(12) + (16)(12) represents the
surface area, in square inches, of the right rectangular prism shown. Is Muna
correct? Explain.
Answers
The surface area of a right rectangular prism is the amount of space on it.
Muna's claim is incorrect
How to determine the surface area?
The surface area of a right rectangular prism is calculated as:
A = 2 * (lw + lh + wh)
So, we have:
A = 2 * (8 * 16 + 8 * 12 + 16 * 12)
The above expression implies that Muna's claim is incorrect
Read more about surface areas at:
https://brainly.com/question/27002333
Two groups of tourist fly to Japan. It takes the first group 4 hours less than the second to fly
there. If it takes the first group 17 hours, how many hours does it take the second group?
Answers
Answer:
21
Step-by-step explanation:
think about it this way. if the first group takes 17 hours, and the second group takes 4 hours more than the first group, then how long does the second group take?
maths j2 a road is 300km long is drawn to a scale of 1cm represents 50km . what is it's length on drawing?
Answers
Answer: 6cm.
Step-by-step explanation:
Strategy 1 (in-head thinking)
300 divided by 50 would be 6, multiply 6 by 1 and get 6cm.
Strategy 2 (proportions)
First, set up a proportion.
We know that 1cm = 50km, so we put them on a fraction (whichever is denominator/numerator doesn’t affect the process)
However, we don’t know how much cm equals 300km, so we turn that into a variable, in this case x.
1cm x cm
——— ———
50km 300km
To solve a proportion, go diagonal to where the variables have already been filled in. You can’t so 50km and x cm, as you don’t know x. You can do 300km however. To start, multiply 1 and 300, to which you get 300. Then, multiply 300 by the 50km and you’ll get x. That’ll equal to 6.
So in conclusion, your answer is 6.
Mr. Gray’s quiz was normally distributed with a mean of 25 and a standard deviation of 10 find z- scores for each of the following.
(a) 40 (b) 27 (c) 6
Answers
Z= x-u/sd
(a) x = 40
z = 40-25 / 10 = -15/10 = -1.5
(b) x = 27
z = 27-25 / 10 = 2/10 = 0.2
(c) x = 6
z = 6-25 / 10 = -19/10 = -1.9
Hope that helped
Given the function F(x) = 2x2 - 6, find the value F(-1).
Answers
Answer:
-4Step-by-step explanation:
Given
F(x) = 2x² - 6We are asked to find F(-1).
This can be done by substituting -1 in place of x in the function.
F(-1) = 2(-1)² - 6F(-1) = 2(1) - 6F(-1) = 2 - 6F(-1) = -4Please help! I will give Brainliest!!!
Here are 3 receipts for meals at the same restaurant. Fill in the missing values for each recipe.
Answers
Answer:
Burger: 9.00
18%tip: 2.16
total with tip: 14.16
Salad: 8.00
Tatal: 11.00
Total with tip: 12.00
Water: 1.19
total: 9.19
18% tip: 2.02
Step-by-step explanation:
I am unsure of the salad pretty sure it's 8 dollars but I am unsure
I've attached my written workings :)
When will the graph meet the line y=5?
Answers
Answer:
Step-by-step explanation:
The graph of the linear equation cuts the x-axis at (5,0)
What is the equation?
Answers
Answer:
[tex]\displaystyle 5x + 6y = 72\:or\:y = -\frac{5}{6}x + 12[/tex]
Step-by-step explanation:
Perpendicular equations have OPPOCITE MULTIPLICATIVE INVERCE RATE OF CHANGES [SLOPES], so 1⅕ becomes −⅚, and we move forward with plugging the information into the Slope-Intercept formula:
[tex]\displaystyle -8 = -\frac{5}{6}[24] + b \hookrightarrow -8 = -20 + b; 12 = b \\ \\ \boxed{y = -\frac{5}{6}x + 12}[/tex]
To write this in Linear Standard Form, perfourm he following:
y = −⅚x + 12
+ ⅚x + ⅚x
___________
⅚x + y = 12 [We cannot leave the equation this way, so multiply the equation by the denominatour to eradicate the fraction.]
6[⅚x + y = 12]
[tex]\displaystyle \boxed{5x + 6y = 72}[/tex]
I am joyous to assist you at any time.
How many meters are in 3 kilometers?
A. 30 m
B. 300 m
C. 3,000 m
D. 30,000 m
Answers
Answer:
there are 3000 meters in 3 kilometres
Answer:
C. 3,000 m
Step-by-step explanation:
There are 1,000 meters in one kilometer, so 3 times 1,000. This gets you 3,000.
the temperatures for the first 10 days of January were recoded as follows 22 43 47 8 51 39 35 50 28 and 43 sara is organizing the temperatures to the display on a stem and leaf plot what will the stems be for the display
A. 0, 1, 2, 3, 5, 7, 8, 9
B. 0, 1, 2, 3, 4, 5
C. 0, 2, 3, 4, 5
D. 2, 3, 4, 5
Answers
is there a picture
Please put one so i. can help
.
Please help me out answering this
Answers
Answer:
OPTION A
Step-by-step explanation:
we start by multiplying both roots.
we then get negative 3 times the third root of: 40 × x^9 × y^3
we then simplify to get:
-24 × x^3 × y × third root of 5
[tex]\\ \rm\Rrightarrow -\sqrt[3]{2x^4y^2}\times 3\sqrt[3]{20x^5y}[/tex]
√a√b=√ab[tex]\\ \rm\Rrightarrow -3\sqrt{40x^9y^3}[/tex]
On simplifying[tex]\\ \rm\Rrightarrow -3(6x^3y\sqrt[3]{5}[/tex]
[tex]\\ \rm\Rrightarrow -24x^3y\sqrt[3]{5}[/tex]
Friends have a party. Joyce invited 17 friends to a dinner party at her house last Friday
evening. She gave each guest a card with a number from 2 through 18, reserving the
number 1 for herself. When she had everyone paired off at the dinner table, she noticed
that the sum of each couples' number was a perfect square. What number did Joyce's
partner have?
Answers
Answer:
15
Step-by-step explanation:
Joyce reserved number 1 for herself
Of all the possible combinations,
1 and 15 is a perfect match for a perfect square
So,Joyce dinner partner was number 15.
PLEASE ANSWER I HAVE 5 MINS!! WILL MARK BRAINLIEST IF CORRECT
Answers
Answer: 49.2 or 49[tex]\frac{1}{5}[/tex]
Step-by-step explanation:
The formula for surface area of a rectangular prism is [tex]2(wl+hl+hw)[/tex]
Where
w is width (5 for this)
l is length ([tex]1\frac{1}{5}[/tex] for this)
h is height (3 for this)
Now lets sub in the values and solve
[tex]2(wl+hl+hw)\\2[(5)(1\frac{1}{5}) +(3)(1\frac{1}{5})+(3)(5)]\\2[6+3.6+15]\\2[9.6+15]\\2[24.6]\\49.2[/tex]
answer: 49.2
step-by-step :
the width is 5
the length is 1 1/5
the height is 3
Prove that y=sin(x) then dy/dx=cos(x)
Answers
Step-by-step explanation:
You will have to use the limit defition of the derivative. Brainly does not have calculus symbols, which is very unfortunate, so I can only use my words. Take the limit as the change in 'x' approaches zero. You will have:
[tex] \frac{sin(x + {x}^{.} ) - sin(x)}{ {x}^{.} } [/tex]
If you let "x dot" equal zero as the limit requires, you will get 0/0 which is indeterminate. Break up the first term using the formula for the sine of a sum. You get:
[tex] \frac{sin(x)cos( {x}^{.} ) + sin( {x}^{.})cos(x) - sin(x) }{ {x}^{.} } [/tex]
Factor a sin(x) from the first and third term to get:
[tex] \frac{sin(x)(cos( {x}^{.}) - 1 ) + sin( {x}^{.})cos(x) }{ {x}^{.} } [/tex]
Use the linearity to break the limit into two parts:
[tex] \frac{sin(x)(cos( {x}^{.}) - 1 )}{ {x}^{.} } + \frac{sin( {x}^{.} )cos(x)}{ {x}^{.} } [/tex]
First term converges to zero, second term converges to cosine. Therefore proving the derivative of sine is cosine
What is the answer to 5 + 2/5?? Please help!!!
Answers
Answer:
The answer is 12/5.
Step-by-step explanation:
5 + 2/5=
10/5 + 2/5=
12/5
Sand Hill Crane Elementary is
collecting food to donate. Their goal
is 2 tons of food so far they have
collected 2,798 pounds of food.
How many more pounds of food do
they need to collect?
Answers
The pounds of food that Sand Hill Crane Elementary needs to collect more in order to reach their goal is 1202 pounds.
How many more pounds needs to be collected?The first step is to convert tons to pounds.
1 ton = 2000 pounds
2 tons x 2000 = 4000 pounds.
The second step is to subtract the pounds of food collected so far from the goal.
4000 - 2798 = 1202 pounds.
To learn more about subtraction, please check: https://brainly.com/question/854115
#SPJ1
A container manufacturer plans to make rectangular boxes whose bottom and top measure 4x by 3x. The container must contain 48in.3 The top and the bottom will cost $1.80 per square inch, while the four sides will cost $3.70 per square inch.
What should the height of the container be so as to minimize cost? Round your answer to the nearest hundredth.
Answers
The height of the container that will be able to minimize the cost will be 3.08cm.
How to calculate the height?The volume of the box will be:
= (3x)(4x)h
= 12x²h
From the information given, we are told that the container must contain 48in³. Therefore,
48 = 12x²h
h = 4/x²
The function cost will be:
= 3.50(2)(12x²) + 4.40(14x)h
= 84x² + 61.6x(4/x²)
= 84x² + 246.4/x
We'll use the first derivative. This will be:
dC/dx = 168x - 246.4/x²
x = 1.14.
Therefore, the height will be:
h = 4/x² = 4/1.14² = 3.08cm
In conclusion, the height is 3.08cm.
Learn more about height on:
https://brainly.com/question/1557718
2. Given the graph, which of the statements in function notation represent the situation?
a f(-1) = 4
b. f(-4) = -1
C. f(4) >
y = f(x)
d. f(x) = -4 when x is -1
e. f(x) = -1 when x is -4
f. f(2)=f(6)
g. f(0) = -2
h. f(-2) = 0.
Answers
Answer:
[tex] \rule{40pt}{99999pt}[/tex][tex] \rule{40pt}{99999pt}[/tex]
Answer:
D , F and G
Step-by-step explanation:
D, F and G are true in this case
In 2021, a married couple earned combined wages of $150,000. They have no children but made $18,000 of pre-tax 401(k) contributions. They will claim the standard deduction. Their state allows an exemption of $1000 per person for a total deduction of $2000. Their state tax is a flat rate of 5%. a. Estimate the amounts of Federal and State taxes they will owe.
Answers
The amounts of Federal and State taxes that the couple will owe will be $25100 and $7500 respectively.
What is a tax?A tax simply means a compulsory levy that's paid to the government by individuals and businesses.
In this case, the standard deduction for married couples that are filing jointly is $25100. Also, the state tax will be:
= 5% × $150000
= 0.05 × $150000
= $7500
Learn more about tax on:
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What is the next term of the arithmetic sequence? -3, -7,-11, –15,
Answers
Answer:
-19
Step-by-step explanation:
The sequence is going down by 4
The sequence is subtracting 4.
- 15 - 4 = -19