C(q)=560+ 15g, where q is hundreds of units sold/produced, while R(q) and C(q) are in total dollars of revenue and cost, respectively. A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer.) MP(q)= B) How many items (in hundreds) need to be sold to maximize profits? Answer: Question Help: Video Submit Question hundred units must be sold: (Round to two decimal places.)
C(q)=560+ 15g, where q is hundreds of units sold/produced, while R(q) and C(q) are in total dollars of revenue and cost, respectively. A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer.) MP(q)= B) How many items (in hundreds) need to be sold to maximize profits? Answer: Question Help: Video Submit Question hundred units must be sold: (Round to two decimal places.)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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![Suppose a company's revenue function is given by R(q) = -q3+260q2 and its cost function is given by
C(q) = 560 + 15g, where q is hundreds of units sold/produced, while R(q) and C(q) are in total dollars of
revenue and cost, respectively.
A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your
answer.)
MP(a)
B) How many items (in hundreds) need to be sold to maximize profits?
Answer:
Question Help: Video
Submit Question
esc
hundred units must be sold: (Round to two decimal places.)
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a
$
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Transcribed Image Text:Suppose a company's revenue function is given by R(q) = -q3+260q2 and its cost function is given by
C(q) = 560 + 15g, where q is hundreds of units sold/produced, while R(q) and C(q) are in total dollars of
revenue and cost, respectively.
A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your
answer.)
MP(a)
B) How many items (in hundreds) need to be sold to maximize profits?
Answer:
Question Help: Video
Submit Question
esc
hundred units must be sold: (Round to two decimal places.)
>
a
$
%
24
#3
12
1
!
@
2
Q
W
5
MacBook Pro
96
27
&
E
R
T
Y
U
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