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CalculusFinite Mathematics and Applied Calculus (MindTap Course List)Marginal Revenue and Profit The Audubon Society at Enormous State University (ESU) is planning its annual fund-raising “Eatathon.” The society will charge students $1.10 per serving of pasta. The society estimates that the total cost of producing x servings of pasta at the event will be C ( x ) = 350 + 0.10 x + 0.002 x 2 dollars . a. Calculate the marginal revenue and profit functions. [ HINT: See Example 2.] b. Compute the revenue and profit, and also the marginal revenue and profit, if you have produced and sold 200 servings of pasta. Interpret the results. c. For which value of x is the marginal profit zero? Interpret your answer.BuyFind*arrow_forward*

7th Edition

Stefan Waner + 1 other

Publisher: Cengage Learning

ISBN: 9781337274203

Chapter 11.2, Problem 14E

Textbook Problem

**Marginal Revenue and Profit** The Audubon Society at Enormous State University (ESU) is planning its annual fund-raising “Eatathon.” The society will charge students $1.10 per serving of pasta. The society estimates that the total cost of producing x servings of pasta at the event will be

**a.** Calculate the marginal revenue and profit functions. [**HINT:** See Example 2.]

**b.** Compute the revenue and profit, and also the marginal revenue and profit, if you have produced and sold 200 servings of pasta. Interpret the results.

**c.** For which value of *x* is the marginal profit zero? Interpret your answer.

Finite Mathematics and Applied Calculus (MindTap Course List)

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Investments If $20,000 is invested in a savings...Ch. 11.5 - The 2003 SARS Outbreak In the early stages of the...Ch. 11.5 - The 2003 SARS Outbreak A few weeks into the deadly...Ch. 11.5 - The 2014 Ebola Outbreak In the first 6 months of...Ch. 11.5 - The 2014 Ebola Outbreak In the first 6 months of...Ch. 11.5 - SAT Scores by Income The following bar graph shows...Ch. 11.5 - SAT Scores by Income The following bar graph shows...Ch. 11.5 - Demographics: Average Age and Fertility The...Ch. 11.5 - Demographics: Average Age and Fertility The...Ch. 11.5 - Epidemics A flu epidemic described in Example 1 in...Ch. 11.5 - Epidemics Another epidemic follows the curve...Ch. 11.5 - Subprime Mortgages during the Housing Bubble...Ch. 11.5 - Subprime Mortgage Debt during the Housing Bubble...Ch. 11.5 - Subprime Mortgages during the Housing Bubble...Ch. 11.5 - Subprime Mortgage Debt during the Housing Bubble...Ch. 11.5 - Population Growth The population of Lower Anchovia...Ch. 11.5 - Population Growth The population of Upper Anchovia...Ch. 11.5 - Radioactive Decay Plutonium 239 has a half-life of...Ch. 11.5 - Radioactive Decay Carbon 14 has a half-life of...Ch. 11.5 - Cellphone Revenues The number of cellphone...Ch. 11.5 - Cellphone Revenues The annual revenue for...Ch. 11.5 - Complete the following: The derivative of e raised...Ch. 11.5 - Complete the following: The derivative of the...Ch. 11.5 - Complete the following: The derivative of 2 raised...Ch. 11.5 - Complete the following: The derivative of the base...Ch. 11.5 - What is wrong with the following?...Ch. 11.5 - What is wrong with the following? ddx22x=(2)22x X...Ch. 11.5 - What is wrong with the following? ddx32x=(2x)32x1...Ch. 11.5 - What is wrong with the following? ddxln(3x21)=16x...Ch. 11.5 - The number N of music downloads on campus is...Ch. 11.5 - The number N of graphing calculators sold on...Ch. 11.5 - Show that the fractional rate of change of the...Ch. 11.5 - Show that the fractional rate of change of f(x) is...Ch. 11.5 - Let A(t) representa quantity growing...Ch. 11.5 - 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Jay Campbell, who...Ch. 11 - Percentage Rate of Change of P/E Ratios Refer to...Ch. 11 - Sales OHaganBooks.com decided that the cubic curve...Ch. 11 - Rising Sea Level Upon some reflection, Marjory...Ch. 11 - Website Activity The number of hits on...Ch. 11 - Website Activity The number of hits on...Ch. 11 - Demand and Revenue The price p that...Ch. 11 - Demand and Revenue The price p that...Ch. 11 - Find limt+N(t) forboth models, and interpret the...

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