5 Answered Questions for the topic Revenue Function
12/02/20
A company decides to begin making and selling computers. The price function is given as follows: p=−50x+1900,
where x is the number of computers that can be sold at a price of p dollars per unit. Additionally, the financial department has determined that the weekly fixed cost of production will be 7000...
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04/22/19
The marginal cost to make a sound system is $50 and the fixed cost is $3600.
The revenue function for the same sound system is r(x)=300x-x^2. What is the average rate of change for profit as the number of sound systems increase from 50 to 200?
10/27/17
Maximums and Revenue
The demand function for a product is p=32-2q where p is the price in dollars when q units are demanded. Find the level of production that maximizes the total revenue and determine the maximum...
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Revenue Function
10/07/17
Finding quantity given revenue function
The revenue from the sale of a product is R = -x^3 - 5x^2 + 250x. When 10 units are sold the revenue is$1000. Find another amount of units that can be sold to give $1000.
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