q° + 290q? and its cost function is given by ppose a company's revenue function is given by R(q) (q) = 100 + 16q, where q is hundreds of units sold/produced, while R(q) and C(q) are in total dollar revenue and cost, respectively. Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your swer.) MP(q) How many items (in hundreds) need to be sold to maximize profits? Answer: hundred units must be sold. (Round to two decimal places.)
q° + 290q? and its cost function is given by ppose a company's revenue function is given by R(q) (q) = 100 + 16q, where q is hundreds of units sold/produced, while R(q) and C(q) are in total dollar revenue and cost, respectively. Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your swer.) MP(q) How many items (in hundreds) need to be sold to maximize profits? Answer: hundred units must be sold. (Round to two decimal places.)
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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