The price-demand equation and the cost function for the production of table saws are given, respectively, by x= 12,800 - 32p and C(x)= 84,000 +60x, where x is the number of saws that can be sold at a price of Sp per saw and C(x) is the total cost (in dollars) of producing x saws. Complete parts (A) through (I) below. (A) Express the price p as a function of the demand x, and find the domain of this function. The price function is p = 400- 32

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 ________.
icon
Related questions
Question
Please solve
The price-demand equation and the cost function for the production of table saws are given, respectively, by x= 12,800 - 32p and C(x)= 84,000 + 60x, where x is the
number of saws that can be sold at a price of Sp per saw and C(x) is the total cost (in dollars) of producing x saws. Complete parts (A) through (I) below.
....
(A) Express the price p as a function of the demand x, and find the domain of this function.
The price function is p= 400-
32
Transcribed Image Text:The price-demand equation and the cost function for the production of table saws are given, respectively, by x= 12,800 - 32p and C(x)= 84,000 + 60x, where x is the number of saws that can be sold at a price of Sp per saw and C(x) is the total cost (in dollars) of producing x saws. Complete parts (A) through (I) below. .... (A) Express the price p as a function of the demand x, and find the domain of this function. The price function is p= 400- 32
(E) Find R'(2,100) and R'(4,500) and interpret these quantities.
Find and interpret R'(2,100). Select the correct choice below and fill in the answer boxes within your choice.
(Simplify your answers.)
O A. R'(2,100) =
at a revenue of $
per saw, saw production is increasing at the rate of
per dollar.
O B. R'(2,100) =
at a production level of
revenue is increasing at the rate of $
per saw.
O C. R'(2,100) =`
at a production level of
revenue is decreasing at the rate of $
per saw.
O D. R'(2,100) =
; at a revenue of $
per saw, saw production is decreasing at the rate of
per dollar.
Transcribed Image Text:(E) Find R'(2,100) and R'(4,500) and interpret these quantities. Find and interpret R'(2,100). Select the correct choice below and fill in the answer boxes within your choice. (Simplify your answers.) O A. R'(2,100) = at a revenue of $ per saw, saw production is increasing at the rate of per dollar. O B. R'(2,100) = at a production level of revenue is increasing at the rate of $ per saw. O C. R'(2,100) =` at a production level of revenue is decreasing at the rate of $ per saw. O D. R'(2,100) = ; at a revenue of $ per saw, saw production is decreasing at the rate of per dollar.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
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