Question
In: Physics
A company estimates that if x thousand dollars is spent on the marketing of a certain...
A company estimates that if x thousand dollars is spent on the
marketing of a certain product, Q(x) thousand units of the product
will be sold, where Q(x)= (7x)/(27+x^2)
(a) Determine the domain of the function defined
(b) Determine how much of the product will be sold if the company
does not spend any money on marketing
(c) Determine the amount of money the company must spend on marketing to achieve the minimum and maximum quantities. Leave your answers to 2 decimal places
(d) Determine the maximum and minimum quantities that can be sold. Leave your answer to the nearest whole number.
(e) Determine the marketing expendure ranges on which quantity sold is increasing and decreasing marketing and interpret your solution.
(f)Determine what happens as the company invests an infinitely large amount of money on marketing
(g) Use the information given from (a) to (f) to sketch the curve of Q(x).
Already rated 100%
Solutions
genius_generous answered 2 years agoRelated Solutions
An insurance company claims that for x thousand policies, its monthly revenue in dollars is given...
An insurance company claims that for x thousand policies, its
monthly revenue in dollars is given by R(x)=225x and its monthly
cost in dollars is given by C(x)=180x+16,200
A) find the break even point
B) grap the revenue and cost equations on the same axes
C) from the graph estimate the revenue and cost when x=180
If the producer of a commodity spends x thousand dollars on advertising, then Q(x)=43-10e^(-1/2x) thousand units...
If the producer of a commodity spends x thousand dollars on
advertising, then Q(x)=43-10e^(-1/2x) thousand units of the
commodity will be sold.
(a) How many units will be sold if no money is spent on
advertising? How many units will be sold if 5,000 dollars are spent
on advertising?
(b) How much should be spent on advertising to sell 40,000
units?
(c) Compute the limit limx→∞ Q(x). What does this limit mean in
the given context of the problem?
Please...
1)The total profit P(x) (in thousands of dollars) from a sale of x thousand units of...
1)The total profit P(x) (in thousands of dollars) from a sale
of x thousand units of a new product is given by
P(x)= ln (-x3+9x2+48x+1) (0≤x≤10).
a) Find the number of units that should be sold in order to
maximize the total profit.
b) What is the maximum profit?
2)Suppose that the cost function for a product is given by
C(x)=0.003x3+9x+9,610.
Find the production level (i.e., value of x) that will produce
the minimum average cost per unit C(x).
a)The...
the total profit pix) (in thousands of dollars) from the sale of x hundred thousand pillows...
the total profit pix) (in thousands of dollars) from the sale of
x hundred thousand pillows is approximated by
P(x)=-x^3+12x^2+99x-2xx, x>5.
Find the number of hundred thousands of pillows that must be
sold to maximize profit. Find the maximum profit.
The maximum profit is $: _
The maximum profit will occur when __ pillows are sold
A marketing researcher wants to estimate the mean amount spent ($) on a certain retail website...
A marketing researcher wants to estimate the mean amount spent
($) on a certain retail website by members of the website's
premium program. A random sample of 92 members of the website's
premium program who recently made a purchase on the website yielded
a mean of $1400 and a standard deviation of $200. Complete parts
(a) and (b) below.
A. Construct a 99% confidence interval estimate for the mean
spending for all shoppers who are members of the website's premium...
A marketing researcher wants to estimate the mean amount spent ($) on a certain retail website...
A marketing researcher wants to estimate the mean amount spent
($) on a certain retail website by members of the website's
premium program. A random sample of 99 members of the website's
premium program who recently made a purchase on the website yielded
a mean of $1900 and a standard deviation of $200. Complete parts
(a) and (b) below.
a. Construct a 95% confidence interval estimate for the mean
spending for all shoppers who are members of the website's premium...
A marketing researcher wants to estimate the mean amount spent ($) on a certain retail website...
A marketing researcher wants to estimate the mean amount spent
($) on a certain retail website by members of the website's
premium program. A random sample of 96 members of the website's
premium program who recently made a purchase on the website yielded
a mean of $1400 and a standard deviation of $200.
Complete parts (a) Construct a 95% confidence interval
estimate for the mean spending for all shoppers who are members of
the website's premium program.
(Round to two...
A marketing researcher wants to estimate the mean amount spent ($) on a certain retail website...
A marketing researcher wants to estimate the mean amount spent
($) on a certain retail website by members of the website's
premium program. A random sample of94members of the website's
premium program who recently made a purchase on the website yielded
a mean of$1700and a standard deviation of$250
a. Construct a 99%confidence interval estimate for the mean
spending for all shoppers who are members of the website's premium
program.
A marketing researcher wants to estimate the mean amount spent ($) on a certain retail website...
A marketing researcher wants to estimate the mean amount spent
($) on a certain retail website by members of the website's
premium program. A random sample of94members of the website's
premium program who recently made a purchase on the website yielded
a mean of$1700and a standard deviation of$250
a. Construct a 99%confidence interval estimate for the mean
spending for all shoppers who are members of the website's premium
program.
A marketing researcher wants to estimate the mean amount spent ($) on a certain retail website...
A marketing researcher wants to estimate the mean amount spent
($) on a certain retail website by members of the website's
premium program. A random sample of 97
members of the website's premium program who recently made a
purchase on the website yielded a mean of $2000 and a standard
deviation of $150.
Complete parts (a) and (b) below.
a. Construct a 95% confidence interval estimate for the mean
spending for all shoppers who are members of the website's premium...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Gasoline is primarily a mixture of hydrocarbons and is sold with an octane rating that is...
- a) The electric potential at a position located a distance of 21.9 mm from a positive...
- Salivary amylase is a digestive enzyme which begins the digestion of ____ Proteins Starch Lipids Glucose...
- Show using a graph that if a monopolist in an input market faces a monopsonist in...
- The partnership of Duro, Kemp and Roth is to be liquidated as soon as possible after...
- Write a program that allows the user to enter two integers and a character If the...
- Asteroids can be classified into two broad groups based on their composition and location: carbon-rich asteroids...
ADVERTISEMENT