13. MARGINAL COST, REVENUE, AND PROFIT FOR PRODUCING LED TVS The weekly demand for the Pulsar 25 color LED television is p = 600 - 0.05x where p denotes the wholesale unit price in dollars and x denotes the quantity demanded. The weekly total cost function associated with manufacturing the Pulsar 25 is (0sxS 12,000) given by C(x) = 0.000002x³ – 0.03x + 400x + 80,000 %3D where C(x) denotes the total cost incurred in producing x sets. a. Find the revenue function R and the profit function P. b. Find the marginal cost function C', the marginal rev- enue function R', and the marginal profit function P'. c. Compute C' (2000), R'(2000), and P'(2000), and interpret your results.

13. MARGINAL COST, REVENUE, AND PROFIT FOR PRODUCING LED TVS The weekly demand for the Pulsar 25 color LED television is p = 600 - 0.05x where p denotes the wholesale unit price in dollars and x denotes the quantity demanded. The weekly total cost function associated with manufacturing the Pulsar 25 is (0sxS 12,000) given by C(x) = 0.000002x³ – 0.03x + 400x + 80,000 %3D where C(x) denotes the total cost incurred in producing x sets. a. Find the revenue function R and the profit function P. b. Find the marginal cost function C', the marginal rev- enue function R', and the marginal profit function P'. c. Compute C' (2000), R'(2000), and P'(2000), and interpret your results.

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter2: Equations And Inequalities

Section2.6: Inequalities

Problem 88E

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