Answered: The demand equation for a smartphone is…

Name: The demand equation for a smartphone is35000( 1p =3 + e-0.005xFind th
Uploaded: 2024-03-05T11:52:21.000Z
Channel: Bartleby
Description: The demand equation for a smartphone is35000( 1p =3 + e-0.005xFind the demand x for each price. (Round your answers to the nearest whole number.)(a)p = $159X =units(b)p = $255X =units

Math

Calculus

The demand equation for a smartphone is p = 5000( 1 3 3+е-0.005х Find the demand x for each price. (Round your answers to the nearest whole number.) (a) p = $159 X = units (b) p = $255 X = units

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter2: Graphical And Tabular Analysis

Section2.3: Solving Linear Equations

Problem 1TU: In the situation of the example, how long could you keep the car if your expense account allowed...

See similar textbooks

Similar questions

How do you solve an absolute value equation?
The manufacturer of a water bottle spends $5 to build each bottle and sells them for $10. The manufacturer also has fixed costs each month of $6500. (a) Find the cost function C when x bottles are manufactured. (b) Find the revenue function R when x bottles are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.
The manufacturer of a weight training bench spends $120 to build each bench and sells them for $170. The manufacturer also has fixed costs each month of $150,000. (a) Find the cost function C when x benches are manufactured. (b) Find the revenue function R when x benches are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.
If you are performing a break-even analysis for a business and their cost and revenue equations are dependent, explain what this means for the company's profit margins.
On the first part of a 350-kilometer trip, a salesperson travels 2 hours and 15 minutes at an average speed of 100 kilometers per hour. The salesperson needs to arrive at the destination in another hour and 20 minutes. Find the average speed required for the remainder of the trip.
The manufacturer of an energy drink spends $1.20 to make each drink and sells them for $2. The manufacturer also has fixed costs each month of $8,000. (a) Find the cost function C when x energy drinks aremanufactured. (b) Find the revenue function R when x drinks are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the breakeven point means.
Hamilton loves to travel to Las Vegas, 255 miles from his home in Orange County. On his last trip, he left his house at 2:00 p.m. The first part of his trip was on congested city freeways. At 4:00 pm, the traffic cleared and he was able to drive through the desert at a speed 1.75 times faster than when he drove in the congested area. He arrived in Las Vegas at 6:30 p.m. How fast was he driving during each part of his trip?
Suppose the price-demand equation of an item is p=38.66-x where x is the quantity and p is the price. What would the revenue function, R(x), be for x units sold?
The supply equation for the BWS Bluetooth wireless loudspeaker is p = 0.025x + 90 where x is the quantity supplied per month and p is the unit price in dollars. b) What is the lowest price (theoretically) at which the supplier will make a BWS Bluetooth wireless loudspeaker available in the market?
The demand equation for a product is p = 55 − 0.0008x where p is the price per unit and x is the number of units sold. The total revenue R for selling x units is given by R = xp. How many units must be sold to produce a revenue of $220,000?
2. It costs $1300 to manufacture 50 items, and the fixed costs are $550. If x represents the number of items manufactured and y the total cost, write the cost equation.
The demand equation for a product is p = 20 − 0.0001x, where p is the price per unit and x is the number of units sold. The total revenue for selling x units is Revenue = xp = x(20 − 0.0001x). How many units must be sold to produce a revenue of $1,000,000?x = ________ units.