The price p (in dollars) and the demand x for a particular clock radio are related by the equation x= 5000-50p. (A) Express the price p in terms of the demand x, and find the domain of this function. (B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R? (C) Find the marginal revenue at a production level of 4500 clock radios. (D) Interpret R'(4900) = - 96.00. ..... (A) p=p(x) = %3D What is the domain of p(x)? O A. x20 O B. All real numbers O C. xs6000 O D. Osxs 5000 (B) R(x) = What is the domain of R(x)? O A. x20 O B. 0

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.2: Domain And Range
Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...
icon
Related questions
Question

Please solve a-d

The price p (in dollars) and the demand x for a particular clock radio are related by the equation x= 5000-50p.
(A) Express the price p in terms of the demand x, and find the domain of this function.
(B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R?
(C) Find the marginal revenue at a production level of 4500 clock radios.
(D) Interpret R'(4900) = - 96.00.
(A) p-p(x) =
What is the domain of p(x)?
O A. x2 0
O B. All real numbers
O C. xs6000
D. 0sx<5000
(B) R(x) =
What is the domain of R(x)?
O A. x2 0
O B. Osxs5000
O C. 0sxs 50
D. x<6000
Transcribed Image Text:The price p (in dollars) and the demand x for a particular clock radio are related by the equation x= 5000-50p. (A) Express the price p in terms of the demand x, and find the domain of this function. (B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R? (C) Find the marginal revenue at a production level of 4500 clock radios. (D) Interpret R'(4900) = - 96.00. (A) p-p(x) = What is the domain of p(x)? O A. x2 0 O B. All real numbers O C. xs6000 D. 0sx<5000 (B) R(x) = What is the domain of R(x)? O A. x2 0 O B. Osxs5000 O C. 0sxs 50 D. x<6000
The price p (in dollars) and the demand x for a particular clock radio are related by the equation x= 5000 -50p.
%3D
(A) Express the price p in terms of the demand x, and find the domain of this function.
(B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R?
(C) Find the marginal revenue at a production level of 4500 clock radios.
(D) Interpret R'(4900) = - 96.00.
......
O D. 0sxs5000
(B) R(x)=|
What is the domain of R(x)?
O A. x20
O B. 0sxs 5000
O C. Osxs50
O D. xs6000
(C) The marginal revenue at a production level of 4500 clock radios is $
(Round to the nearest cent as needed.)
(D) Which of the following statements is NOT a correct interpretation of R (4900)= - 96.00?
O A. The total revenue for producing 4901 clock radios is approximately $96.00 less than the total revenue for producing 4900 clock radios.
O B. At a production level of 4900 clock radios, the change in revenue per unit change in production is approximately -96.00 dollars.
O C. If 4900 clock radios are produced, there will be no revenue, since R (4900) is negative.
Transcribed Image Text:The price p (in dollars) and the demand x for a particular clock radio are related by the equation x= 5000 -50p. %3D (A) Express the price p in terms of the demand x, and find the domain of this function. (B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R? (C) Find the marginal revenue at a production level of 4500 clock radios. (D) Interpret R'(4900) = - 96.00. ...... O D. 0sxs5000 (B) R(x)=| What is the domain of R(x)? O A. x20 O B. 0sxs 5000 O C. Osxs50 O D. xs6000 (C) The marginal revenue at a production level of 4500 clock radios is $ (Round to the nearest cent as needed.) (D) Which of the following statements is NOT a correct interpretation of R (4900)= - 96.00? O A. The total revenue for producing 4901 clock radios is approximately $96.00 less than the total revenue for producing 4900 clock radios. O B. At a production level of 4900 clock radios, the change in revenue per unit change in production is approximately -96.00 dollars. O C. If 4900 clock radios are produced, there will be no revenue, since R (4900) is negative.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 4 images

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
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