As Sales Manager for Montevideo Productions, Inc., you are planning to review the prices you charge clients for television advertisement development. You currently charge each client an hourly development fee of $2,600. With this pricing structure, the demand, measured by the number of contracts Montevideo signs per month, is 24 contracts. This is down 3contracts from the figure last year, when your company charged only $2,300.
q(p) = 

R(p) = 

Fixed costs:  $140,000 per month 
Variable costs:  $70,000 per contract 
C(q) = 

C(p) = 

P(p) = 

Q: Four hungry boys went to bed, thinking about the batch of cookies that their mother had just baked. ...
A: If (1/a) of the item is reduced from the lot of x items then remaining items would be equal to x(x/...
Q: Use the given transformation to evaluate the integral, 3x2 dA, where R is the region bounded by the...
A: The given region R is an ellipse, transform the same using x and y as follows.
Q: Kirby is buying a new gas barbecue grill that has been reduced for an endofsummer sale by 10% to...
A: It is given that gas barbeque grill has been reduced by 10% to $612.
Q: 5. Show that the formula for the Secant method can be written in the form xn+1 = [f(xn)xn1 xnf(xn...
A: Secant Method: Consider, y = f (x). Let, x0 and x1 are two initial approximations for the roots of f...
Q: Suppose that H is a subgroup of G and let G act by conjugation on the set X = {gHg1 : g ∈ G}. Descr...
A: Given that,H is a subgroup of G and G act by conjunction on the set
Q: A company produces three types of shoes, formal, casual, and athletic, at its two factories; Factory...
A: According to the given information:Let ‘x’ be the cost to produce shoes in factory 1And ‘y’ be the c...
Q: find the inverse of Laplace transform
A: Given Laplace transform is,
Q: Find the augmented matrix for the following system of linear equations:
A: Consider the given system of linear equation,
Q: Determine whether the series is convergent or divergent. 5 3 7n n 1 convergent divergent If it is co...
A: Given series is,