Mathematics, 15.04.2020 23:23 mtolds1952
The production function f(x) gives the number of units of an item that a manufacturing com pany can produce from units of raw material. The company buys the raw material at price w dollars per unit and sells all it produces at a price of p dollars per unit. The quantity of raw material that maximizes profit is denoted by x*.
(a) Do you expect the derivative f'(x) to be positive or negative? Justify your answer
(b) Explain why the formula π(x) = pf(x) - wx gives the profit π(x) that the company earns as a function of the quantity x of raw materials that it uses.
(c) Evaluate f'(x*).
Answers: 1
Mathematics, 21.06.2019 16:30, andybiersack154
If 20% of a number is 35, what is 50% of that number?
Answers: 2
Mathematics, 22.06.2019 02:00, Naysa150724
Reading tests are compared for two students. sara got 98, 100, 65, 78, 98, 46, 100, 100, 45, and 50 on her reading test. lee got 97, 67, 89, 99, 100, 45, 79, 89, 58, and 67 on his reading test.
Answers: 1
Mathematics, 22.06.2019 02:40, lace64
Arestaurant manager wanted to get a better understanding of the tips her employees earn, so she decided to record the number of patrons her restaurant receives over the course of a week, as well as how many of those patrons left tips of at least 15%. the data she collected is in the table below. day mon tue wed thu fri sat sun patrons 126 106 103 126 153 165 137 tippers 82 87 93 68 91 83 64 which day of the week has the lowest experimental probability of patrons tipping at least 15%? a. sunday b. saturday c. friday d. thursday
Answers: 1
The production function f(x) gives the number of units of an item that a manufacturing com pany can...
Mathematics, 01.12.2020 03:00
History, 01.12.2020 03:00
Mathematics, 01.12.2020 03:00