Suppose a company's revenue function is given by R(q) C(q) sold/produced, while R(q) and C(q) are in total dollars of revenue and cost, respectively. .3 - q° + 400q? and its cost function is given by 190 + 20q, where q is hundreds of units A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer.) MP(q) Preview B) How many items (in hundreds) need to be sold to maximize profits? Answer: hundred units must be sold. (Round to two decimal places.)
Suppose a company's revenue function is given by R(q) C(q) sold/produced, while R(q) and C(q) are in total dollars of revenue and cost, respectively. .3 - q° + 400q? and its cost function is given by 190 + 20q, where q is hundreds of units A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer.) MP(q) Preview B) How many items (in hundreds) need to be sold to maximize profits? Answer: hundred units must be sold. (Round to two decimal places.)
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 93E
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