Given cost and price (demand) functions and C(q) = 115q + 43000 and p(q) = -2.3q + 900, what price corresponds to a marginal profit of $0 per item? The price is $ per item. (Make sure to round to nearest cent. If more than one answer, separate by a comma.)

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
icon
Related questions
Question
100%
Help
Given cost and price (demand) functions and C(q) = 115q + 43000 and p(q) = -2.3q + 900, what price corresponds to a marginal profit of $0
per item?
The price is $ per item.
(Make sure to round to nearest cent. If more than one answer, separate by a comma.)
Transcribed Image Text:Given cost and price (demand) functions and C(q) = 115q + 43000 and p(q) = -2.3q + 900, what price corresponds to a marginal profit of $0 per item? The price is $ per item. (Make sure to round to nearest cent. If more than one answer, separate by a comma.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning
Thomas' Calculus (14th Edition)
Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781319050740
Author:
Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:
W. H. Freeman
Precalculus
Precalculus
Calculus
ISBN:
9780135189405
Author:
Michael Sullivan
Publisher:
PEARSON
Calculus: Early Transcendental Functions
Calculus: Early Transcendental Functions
Calculus
ISBN:
9781337552516
Author:
Ron Larson, Bruce H. Edwards
Publisher:
Cengage Learning