Suppose a company's revenue function is given by R(g) = - q° + 390q² and its cost function is given byC(q) = 490 + 18q, where q is hundreds of units sold/produced, while R(q) and C(q) are in total dollarsof revenue and cost, respectively.A) Find a simplified experssion for the profit functionB) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in youranswer.)MP(q)C) How many items (in hundreds) need to be sold to maximize profits? (Round your answer to two decimalplaces.)Answer:hundred units must be sold.

The revenue function is R(q) = -q3+390q2 Cost function is C(q) = 490+18q To evaluate : A) Profit…

Suppose a company's revenue function is given by R(q) = – q° + 390q² and its cost function is given by C(q) = 490 + 18q, 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 experssion for the profit function #(q) B) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer.) MP(q) C) How many items (in hundreds) need to be sold to maximize profits? (Round your answer to two decimal places.) hundred units must be sold. Answer:

Suppose a company's revenue function is given by R(q) = – q° + 390q² and its cost function is given by C(q) = 490 + 18q, 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 experssion for the profit function #(q) B) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer.) MP(q) C) How many items (in hundreds) need to be sold to maximize profits? (Round your answer to two decimal places.) hundred units must be sold. Answer:

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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