company determines that its demand function is given by p(q)=−0.4q+1901 and that its cost function is given by C(q)=60.18q+2254. In order to earn a revenue of $910,000, what quantity should be produced? Question content area bottom
company determines that its demand function is given by p(q)=−0.4q+1901 and that its cost function is given by C(q)=60.18q+2254. In order to earn a revenue of $910,000, what quantity should be produced? Question content area bottom
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Functions
Section9.CR: Review Problem Set
Problem 13CR
Related questions
Question
A company determines that its demand function is given by
p(q)=−0.4q+1901
and that its cost function is given by
C(q)=60.18q+2254.
In order to earn a revenue of
$910,000,
what quantity should be produced?Question content area bottom
Part 1
The number of items that should be produced is
enter your response here.
If there are two correct answers, separate them with a comma.
If necessary, round to the nearest integer. Do not include units.
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