Mathematics, 20.08.2020 23:01 gigi1103
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.)
Answers: 3
Mathematics, 21.06.2019 15:20, Graciesett4072
Use the x-intercept method to find all real solutions of the equation. -9x^3-7x^2-96x+36=3x^3+x^2-3x+8
Answers: 1
Mathematics, 21.06.2019 18:00, MayFlowers
Name each raycalculation tip: in ray "ab", a is the endpoint of the ray.
Answers: 1
Mathematics, 21.06.2019 23:40, blackbetty79
Rounded to the nearest tenth, what is the value of x
Answers: 1
Marginal Revenue
The demand function for a certain boat company's 34 ft Sundancer yacht is
p...
p...
Biology, 03.10.2019 13:50
History, 03.10.2019 13:50
Health, 03.10.2019 13:50
Mathematics, 03.10.2019 13:50
Mathematics, 03.10.2019 13:50
Biology, 03.10.2019 13:50