The demand function for a particular product is given by D(x)=3x2−7x+110‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾√D(x)=3x2−7x+110 dollars, where x is the...

The demand function for a particular product is given by D(x)=3x2−7x+110‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾√D(x)=3x2−7x+110 dollars, where x is the number of units sold. What is the marginal revenue when 44 items are sold? Round your answer to 2 decimal places.

D(x)=3x2−7x+110‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾√t

thats a suqare root over the numbers

Solutions

Expert Solution

milcah answered 1 year ago

Next > < Previous

Related Solutions

9. Given the function: f(x)=3x2+5x-17 a. find the interval where the function is increasing and where...

9. Given the function: f(x)=3x2+5x-17 a. find the interval where the function is increasing and where it is decreasing. b. Clearly state the critical number(s) of the function. c. Find the relative extrema of the function( using 1st derivative test). answer should be in (x,y) 10. Given the function: x3 - x2 + 52x - 17 a. determine the intervals where the graph of the given function is concave upward and where it is concave downward. b. Find any inflection...

Consider a product whose demand function is D(q) = 900 − 20q − q2 (in dollars)...

Consider a product whose demand function is D(q) = 900 − 20q − q2 (in dollars) and whose supply function is S(q) = q2 + 10q (in dollars) for producing q items. (a) Find the consumers’ surplus. (b) Find the suppliers’ surplus.

If the total cost function for a product is C(x) = 8(x + 5)^3 dollars, where...

If the total cost function for a product is C(x) = 8(x + 5)^3 dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average cost? x = hundred units Find the minimum average cost per hundred units. $

A linear cost function is C(x) = 7x + 800. (Assume C is measured in dollars.)...

A linear cost function is C(x) = 7x + 800. (Assume C is measured in dollars.) (a) What are the slope and the C-intercept? slope C-intercept (b) What is the marginal cost MC ? MC = What does the marginal cost mean? If production is increased by this many units, the cost decreases by $1.Each additional unit produced reduces the cost by this much (in dollars). If production is increased by this many units, the cost increases by $1.Each additional unit...

Suppose the demand function for a given product is q = 5,400 - 2p2, where p...

Suppose the demand function for a given product is q = 5,400 - 2p2, where p is the price in dollars. Find the price interval(s) where demand is elastic: Find the price interval(s) where demand is inelastic: show work

Given that a particular solution of 2y′′ +3y′ +y = x^2 +7x+8 is yp1=x^2+x+1 and that...

Given that a particular solution of 2y′′ +3y′ +y = x^2 +7x+8 is yp1=x^2+x+1 and that a particular solution of 2y′′ + 3y′ + y = 2sinx+4cosx is yp2=sinx-cosx, find a particular solution for 2y" +3y' +y =3x^2 + 21x + 24 -sinx -2cosx

8. The price p (in dollars) and the demand x for a particular wool sweater are...

8. The price p (in dollars) and the demand x for a particular wool sweater are related by the equation p = 100 − 0.025x a. Find the domain of this function. Show all work and clearly label the answer below. b. Find the revenue R (x) = x · p , from the sale of x wool sweaters and state the domain of the function R (x) . c. Find the marginal revenue at a production level of 1,600...

A price p (in dollars) and demand x for a product are related by 2 x^2...

A price p (in dollars) and demand x for a product are related by 2 x^2 + 2 x p + 50 p^2 = 20600. If the price is increasing at a rate of 2 dollars per month when the price is 20 dollars, find the rate of change of the demand. Rate of change of demand

Suppose the demand for a particular textbook, as a function of price, is given by Q...

Suppose the demand for a particular textbook, as a function of price, is given by Q Demanded (P)=60-P, and supply as a function of price is Q Supplied (P)=P. (a) What is the equilibrium price and quantity in this market? (b) Sketch the supply and demand curves on the same graph. (c) If the price were fixed at P=10 is there a excess supply or excess demand of textbooks, and by how much? (d) In equilibrium, what is the producer...

Demand for propane is given by D(x) = 6.5 − 0.25x, and supply is given by...

Demand for propane is given by D(x) = 6.5 − 0.25x, and supply is given by S(x) = 2.1 + 0.15x, where x is in gallons per month customer and D(x) and S(x) are dollars per gallon. Find the followings: (a) Equilibrium point (Xe, Pe) (b) Find the consumer surplus and the producer surplus at the equilibrium point. (c) Assume a price ceiling of $3 per gallon of propane is imposed. Find the point (Xc, Pc) (d) Find the new...

Subjects