Mathematics
Mathematics, 28.07.2020 22:01, Kathryn014

Marginal Revenue The demand function for a certain boat company's 34 ft Sundancer yacht is
p = 700 − 0.01x ln(x)
where x denotes the number of yachts and p is the price per yacht in hundreds of dollars.
(a) Find the revenue function R(x) and the marginal revenue function R'(x) for this model of yacht.
R(x) = 700x−0.01x2ln(x)
R'(x) = −0.01x−0.02xln(x)+700
(b) Use the result of part (a) to estimate the revenue to be realized from the sale of the 375th 34 ft Sundancer yacht. (Round your answer to the nearest dollar.)

answer
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:30, corinaartsy
Match each function with its rate of growth or decay
Answers: 1
image
Mathematics, 21.06.2019 19:30, tiwaribianca475
Cor d? ? me ? max recorded the heights of 500 male humans. he found that the heights were normally distributed around a mean of 177 centimeters. which statements about max’s data must be true? a) the median of max’s data is 250 b) more than half of the data points max recorded were 177 centimeters. c) a data point chosen at random is as likely to be above the mean as it is to be below the mean. d) every height within three standard deviations of the mean is equally likely to be chosen if a data point is selected at random.
Answers: 1
image
Mathematics, 21.06.2019 19:30, dolltan
The table below represents the displacement of a fish from its reef as a function of time: time (hours) x displacement from reef (feet) y 0 4 1 64 2 124 3 184 4 244 part a: what is the y-intercept of the function, and what does this tell you about the fish? (4 points) part b: calculate the average rate of change of the function represented by the table between x = 1 to x = 3 hours, and tell what the average rate represents. (4 points) part c: what would be the domain of the function if the fish continued to swim at this rate until it traveled 724 feet from the reef? (2 points)
Answers: 2
image
Mathematics, 21.06.2019 23:00, arnold2619
How many 3-digit numbers can you write using only digits 1 and 7? (of course, digits can repeat.) how many 3-digit numbers can you write using only digits 1 and 7? (of course, digits can repeat.)
Answers: 2
Do you know the correct answer?
Marginal Revenue The demand function for a certain boat company's 34 ft Sundancer yacht is
p...

Questions in other subjects:

Konu
Mathematics, 05.05.2020 04:25