Marginal Cost, Revenus, and Profit for Producing LED TVs The weekly demand for the Pulsar 25 color LED television is represented by p, where p denotes the wholesale unit price in dollars and x denotes the quantity demanded. p = 700 - 0.09x (0 sxs 12,000) The weekly total cost function associated with manufacturing the Pulsar 25 is given by C(x), where C(x) denotes the total cost (in dollars) incurred in producing x sets. Find the following functions (in dollars) and compute the following values. C(x) = 0.000001x - 0.04x2 + 350x + 80,000 (a) Find the revenue function R. R(x) = Find the profit function P. P(x) = (b) Find the marginal cost function C'. C'(x) = Find the marginal revenue function R'. R'(x) = Find the marginal function P'. P'(x) =

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter4: Rational Functions And Conics
Section4.2: Graphs Of Rational Functions
Problem 88E
icon
Related questions
Question
(a) Find the revenue function R.
R(x) =
Find the profit function P.
P(x) =
(b) Find the marginal cost function C'.
C'(x) =
Find the marginal revenue function R'.
R'(x) =
Find the marginal profit function P'.
P'(x) =
(c) Compute the following values. (Round your answers to two decimal places.)
C'(2,500) =
R'(2,500)
P'(2,500)
Transcribed Image Text:(a) Find the revenue function R. R(x) = Find the profit function P. P(x) = (b) Find the marginal cost function C'. C'(x) = Find the marginal revenue function R'. R'(x) = Find the marginal profit function P'. P'(x) = (c) Compute the following values. (Round your answers to two decimal places.) C'(2,500) = R'(2,500) P'(2,500)
denotes the wholesale unit price in dollars
Marginal Cost, Revenus, and Profit for Producing LED TVs The weekly demand for the Pulsar 25 color LED television is represented by p, where
and x denotes the quantity demanded.
p = 700 - 0.09x
(0 sx s 12,000)
The weekly total cost function associated with manufacturing the Pulsar 25 is given by C(x), where C(x) denotes the total cost (in dollars) incurred in producing x sets. Find the following functions (in
dollars) and compute the following values.
C(x) = 0.000001x3 - 0.04x2 + 350x + 80,000
(a) Find the revenue function R.
R(x) =
Find the profit function P.
P(x) =
(b) Find the marginal cost function C'.
C'(x) =
Find the marginal revenue function R'.
R'(x) =
Find the marginal profit function P'.
P'(x) =
Transcribed Image Text:denotes the wholesale unit price in dollars Marginal Cost, Revenus, and Profit for Producing LED TVs The weekly demand for the Pulsar 25 color LED television is represented by p, where and x denotes the quantity demanded. p = 700 - 0.09x (0 sx s 12,000) The weekly total cost function associated with manufacturing the Pulsar 25 is given by C(x), where C(x) denotes the total cost (in dollars) incurred in producing x sets. Find the following functions (in dollars) and compute the following values. C(x) = 0.000001x3 - 0.04x2 + 350x + 80,000 (a) Find the revenue function R. R(x) = Find the profit function P. P(x) = (b) Find the marginal cost function C'. C'(x) = Find the marginal revenue function R'. R'(x) = Find the marginal profit function P'. P'(x) =
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps

Blurred answer
Knowledge Booster
Area
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning