Finite Mathematics and Calculus with Applications Books a la Carte Plus MyLab Math Package (10th Edition)
10th Edition
ISBN: 9780133935592
Author: Margaret L. Lial, Raymond N. Greenwell, Nathan P. Ritchey
Publisher: PEARSON
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Question
Chapter 12, Problem 76RE
(a)
To determine
To find: The marginal profit when 4 units of product is sold.
(b)
To determine
To find: The marginal profit when 12 units of product is sold.
(c)
To determine
To find: The marginal profit when 20 units of product is sold.
(d)
To determine
To explain: The change in the marginal profit when the number of sales is increased.
(e)
To determine
To find: The marginal average profit when 4 units of product is sold and interpret the result.
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Check out a sample textbook solutionChapter 12 Solutions
Finite Mathematics and Calculus with Applications Books a la Carte Plus MyLab Math Package (10th Edition)
Ch. 12.1 - iff(t)=1t, find f(t).Ch. 12.1 - Prob. 2YTCh. 12.1 - Prob. 3YTCh. 12.1 - If the cost function is given by C(x) = 5x3 10x2...Ch. 12.1 - Prob. 5YTCh. 12.1 - Prob. 1WECh. 12.1 - Prob. 2WECh. 12.1 - Prob. 1ECh. 12.1 - Prob. 2ECh. 12.1 - Prob. 3E
Ch. 12.1 - Prob. 4ECh. 12.1 - Prob. 5ECh. 12.1 - Prob. 6ECh. 12.1 - Prob. 7ECh. 12.1 - Prob. 8ECh. 12.1 - Prob. 9ECh. 12.1 - Prob. 10ECh. 12.1 - Prob. 11ECh. 12.1 - Prob. 12ECh. 12.1 - Prob. 13ECh. 12.1 - Prob. 14ECh. 12.1 - Prob. 15ECh. 12.1 - Prob. 16ECh. 12.1 - Prob. 17ECh. 12.1 - Prob. 18ECh. 12.1 - Prob. 19ECh. 12.1 - Prob. 20ECh. 12.1 - Prob. 21ECh. 12.1 - Prob. 22ECh. 12.1 - Prob. 23ECh. 12.1 - Prob. 24ECh. 12.1 - Prob. 25ECh. 12.1 - Prob. 26ECh. 12.1 - Prob. 27ECh. 12.1 - Prob. 28ECh. 12.1 - Prob. 29ECh. 12.1 - Prob. 30ECh. 12.1 - Prob. 31ECh. 12.1 - Prob. 32ECh. 12.1 - Prob. 33ECh. 12.1 - Prob. 34ECh. 12.1 - Prob. 35ECh. 12.1 - Prob. 36ECh. 12.1 - Prob. 37ECh. 12.1 - Prob. 38ECh. 12.1 - Prob. 39ECh. 12.1 - Prob. 40ECh. 12.1 - Prob. 41ECh. 12.1 - Prob. 42ECh. 12.1 - Prob. 43ECh. 12.1 - Prob. 44ECh. 12.1 - Prob. 45ECh. 12.1 - Prob. 46ECh. 12.1 - Prob. 47ECh. 12.1 - Prob. 48ECh. 12.1 - Prob. 49ECh. 12.1 - Prob. 50ECh. 12.1 - RevenueAssume that a demand equation is given by q...Ch. 12.1 - Prob. 52ECh. 12.1 - Prob. 53ECh. 12.1 - Prob. 54ECh. 12.1 - Prob. 55ECh. 12.1 - Prob. 56ECh. 12.1 - Prob. 57ECh. 12.1 - Prob. 58ECh. 12.1 - Prob. 59ECh. 12.1 - Prob. 60ECh. 12.1 - Prob. 61ECh. 12.1 - Prob. 62ECh. 12.1 - Prob. 63ECh. 12.1 - Prob. 64ECh. 12.1 - Track and FieldIn 1906 Kennelly developed a simple...Ch. 12.1 - Human CoughTo increase the velocity of the air...Ch. 12.1 - Prob. 67ECh. 12.1 - Prob. 68ECh. 12.1 - Prob. 69ECh. 12.1 - Prob. 70ECh. 12.1 - Prob. 71ECh. 12.1 - Prob. 72ECh. 12.1 - VelocityA ball is thrown vertically upward from...Ch. 12.1 - Prob. 74ECh. 12.1 - Prob. 75ECh. 12.1 - Prob. 76ECh. 12.1 - Dogs Human AgeFrom the data printed in the...Ch. 12.2 - Prob. 1YTCh. 12.2 - Prob. 2YTCh. 12.2 - Prob. 3YTCh. 12.2 - Prob. 4YTCh. 12.2 - Prob. 1WECh. 12.2 - Prob. 2WECh. 12.2 - Prob. 3WECh. 12.2 - Prob. 1ECh. 12.2 - Prob. 2ECh. 12.2 - Prob. 3ECh. 12.2 - Prob. 4ECh. 12.2 - Prob. 5ECh. 12.2 - Prob. 6ECh. 12.2 - Prob. 7ECh. 12.2 - Prob. 8ECh. 12.2 - Prob. 9ECh. 12.2 - Prob. 10ECh. 12.2 - Prob. 11ECh. 12.2 - Prob. 12ECh. 12.2 - Prob. 13ECh. 12.2 - Prob. 14ECh. 12.2 - Prob. 15ECh. 12.2 - Prob. 16ECh. 12.2 - Prob. 17ECh. 12.2 - Prob. 18ECh. 12.2 - Prob. 19ECh. 12.2 - Prob. 20ECh. 12.2 - Prob. 21ECh. 12.2 - Prob. 22ECh. 12.2 - Prob. 23ECh. 12.2 - Prob. 24ECh. 12.2 - Prob. 25ECh. 12.2 - Prob. 26ECh. 12.2 - Prob. 27ECh. 12.2 - Prob. 28ECh. 12.2 - Prob. 29ECh. 12.2 - Prob. 30ECh. 12.2 - Prob. 31ECh. 12.2 - Prob. 32ECh. 12.2 - Prob. 33ECh. 12.2 - Prob. 34ECh. 12.2 - Prob. 35ECh. 12.2 - Prob. 36ECh. 12.2 - Prob. 37ECh. 12.2 - Prob. 38ECh. 12.2 - Prob. 39ECh. 12.2 - Prob. 40ECh. 12.2 - Prob. 41ECh. 12.2 - There are special cases in which the derivative of...Ch. 12.2 - Prob. 43ECh. 12.2 - Prob. 44ECh. 12.2 - Employee TrainingA company that manufactures...Ch. 12.2 - Prob. 46ECh. 12.2 - Prob. 47ECh. 12.2 - Prob. 48ECh. 12.2 - Average CostA gasoline refinery found that the...Ch. 12.2 - Prob. 50ECh. 12.2 - Prob. 51ECh. 12.2 - Prob. 52ECh. 12.2 - Prob. 53ECh. 12.2 - Memory RetentionSome psychologists contend that...Ch. 12.2 - Prob. 55ECh. 12.2 - Prob. 56ECh. 12.3 - Prob. 1YTCh. 12.3 - Prob. 2YTCh. 12.3 - Prob. 3YTCh. 12.3 - Prob. 4YTCh. 12.3 - Prob. 5YTCh. 12.3 - Prob. 6YTCh. 12.3 - Prob. 7YTCh. 12.3 - Prob. 1WECh. 12.3 - Prob. 2WECh. 12.3 - Prob. 3WECh. 12.3 - Prob. 1ECh. 12.3 - Prob. 2ECh. 12.3 - Prob. 3ECh. 12.3 - Prob. 4ECh. 12.3 - Prob. 5ECh. 12.3 - Prob. 6ECh. 12.3 - Prob. 7ECh. 12.3 - Prob. 8ECh. 12.3 - Prob. 9ECh. 12.3 - Prob. 10ECh. 12.3 - Prob. 11ECh. 12.3 - Prob. 12ECh. 12.3 - Prob. 13ECh. 12.3 - Prob. 14ECh. 12.3 - Prob. 15ECh. 12.3 - Prob. 16ECh. 12.3 - Prob. 17ECh. 12.3 - Prob. 18ECh. 12.3 - Prob. 19ECh. 12.3 - Prob. 20ECh. 12.3 - Prob. 21ECh. 12.3 - Prob. 22ECh. 12.3 - Prob. 23ECh. 12.3 - Prob. 24ECh. 12.3 - Prob. 25ECh. 12.3 - Prob. 26ECh. 12.3 - Prob. 27ECh. 12.3 - Prob. 28ECh. 12.3 - Prob. 29ECh. 12.3 - Prob. 30ECh. 12.3 - Prob. 31ECh. 12.3 - Prob. 32ECh. 12.3 - Prob. 33ECh. 12.3 - Prob. 34ECh. 12.3 - Prob. 35ECh. 12.3 - Prob. 36ECh. 12.3 - Prob. 37ECh. 12.3 - Prob. 38ECh. 12.3 - Prob. 39ECh. 12.3 - Prob. 40ECh. 12.3 - Prob. 41ECh. 12.3 - Prob. 42ECh. 12.3 - Prob. 43ECh. 12.3 - Prob. 44ECh. 12.3 - Prob. 45ECh. 12.3 - Prob. 46ECh. 12.3 - Prob. 47ECh. 12.3 - Prob. 48ECh. 12.3 - Prob. 49ECh. 12.3 - Prob. 50ECh. 12.3 - Prob. 51ECh. 12.3 - Prob. 52ECh. 12.3 - Prob. 53ECh. 12.3 - Prob. 54ECh. 12.3 - Prob. 55ECh. 12.3 - Prob. 56ECh. 12.3 - Prob. 57ECh. 12.3 - Prob. 58ECh. 12.3 - Prob. 59ECh. 12.3 - Prob. 60ECh. 12.3 - Prob. 61ECh. 12.3 - Prob. 62ECh. 12.3 - Prob. 63ECh. 12.3 - Prob. 64ECh. 12.4 - Prob. 1YTCh. 12.4 - Prob. 2YTCh. 12.4 - Prob. 3YTCh. 12.4 - Prob. 4YTCh. 12.4 - Prob. 1WECh. 12.4 - Prob. 2WECh. 12.4 - Prob. 3WECh. 12.4 - Prob. 1ECh. 12.4 - Prob. 2ECh. 12.4 - Prob. 3ECh. 12.4 - Prob. 4ECh. 12.4 - Prob. 5ECh. 12.4 - Prob. 6ECh. 12.4 - Prob. 7ECh. 12.4 - Prob. 8ECh. 12.4 - Prob. 9ECh. 12.4 - Prob. 10ECh. 12.4 - Prob. 11ECh. 12.4 - Prob. 12ECh. 12.4 - Prob. 13ECh. 12.4 - Prob. 14ECh. 12.4 - Prob. 15ECh. 12.4 - Prob. 16ECh. 12.4 - Prob. 17ECh. 12.4 - Prob. 18ECh. 12.4 - Prob. 19ECh. 12.4 - Prob. 20ECh. 12.4 - Prob. 21ECh. 12.4 - Prob. 22ECh. 12.4 - Prob. 23ECh. 12.4 - Prob. 24ECh. 12.4 - Prob. 25ECh. 12.4 - Prob. 26ECh. 12.4 - Prob. 27ECh. 12.4 - Prob. 28ECh. 12.4 - Prob. 29ECh. 12.4 - Prob. 30ECh. 12.4 - Prob. 31ECh. 12.4 - Prob. 32ECh. 12.4 - Prob. 33ECh. 12.4 - Prob. 34ECh. 12.4 - Prob. 35ECh. 12.4 - Prob. 36ECh. 12.4 - Prob. 37ECh. 12.4 - Prob. 38ECh. 12.4 - Prob. 39ECh. 12.4 - Prob. 40ECh. 12.4 - Franchising Marketing researchers have studied the...Ch. 12.4 - Prob. 42ECh. 12.4 - Prob. 43ECh. 12.4 - Prob. 44ECh. 12.4 - Life Sciences 45. Minority Population In Section...Ch. 12.4 - Population Growth In Section 10.4, Exercise 49,...Ch. 12.4 - Cactus Wrens The weight of cactus wrens in grams...Ch. 12.4 - Prob. 48ECh. 12.4 - Prob. 49ECh. 12.4 - Prob. 50ECh. 12.4 - Prob. 52ECh. 12.4 - Prob. 53ECh. 12.4 - Prob. 54ECh. 12.4 - Prob. 55ECh. 12.4 - Prob. 56ECh. 12.4 - Prob. 57ECh. 12.4 - Physical Sciences 58. Radioactive Decay The amount...Ch. 12.4 - Prob. 59ECh. 12.4 - Prob. 60ECh. 12.4 - Prob. 61ECh. 12.4 - Prob. 62ECh. 12.4 - Prob. 63ECh. 12.4 - Prob. 64ECh. 12.4 - Track and Field In 1958, L. Lucy developed a...Ch. 12.5 - Prob. 1YTCh. 12.5 - Prob. 2YTCh. 12.5 - Prob. 3YTCh. 12.5 - Prob. 1WECh. 12.5 - Prob. 2WECh. 12.5 - Prob. 3WECh. 12.5 - Prob. 1ECh. 12.5 - Prob. 2ECh. 12.5 - Prob. 3ECh. 12.5 - Prob. 4ECh. 12.5 - Prob. 5ECh. 12.5 - Prob. 6ECh. 12.5 - Prob. 7ECh. 12.5 - Prob. 8ECh. 12.5 - Prob. 9ECh. 12.5 - Prob. 10ECh. 12.5 - Prob. 11ECh. 12.5 - Prob. 12ECh. 12.5 - Prob. 13ECh. 12.5 - Prob. 14ECh. 12.5 - Prob. 15ECh. 12.5 - Prob. 16ECh. 12.5 - Prob. 17ECh. 12.5 - Prob. 18ECh. 12.5 - Prob. 19ECh. 12.5 - Prob. 20ECh. 12.5 - Prob. 21ECh. 12.5 - Prob. 22ECh. 12.5 - Prob. 23ECh. 12.5 - Prob. 24ECh. 12.5 - Prob. 25ECh. 12.5 - Prob. 26ECh. 12.5 - Prob. 27ECh. 12.5 - Prob. 28ECh. 12.5 - Prob. 29ECh. 12.5 - Prob. 30ECh. 12.5 - Find the derivative of each of the following...Ch. 12.5 - Prob. 32ECh. 12.5 - Prob. 33ECh. 12.5 - Prob. 34ECh. 12.5 - Prob. 35ECh. 12.5 - Prob. 36ECh. 12.5 - Prob. 37ECh. 12.5 - Prob. 38ECh. 12.5 - Prob. 39ECh. 12.5 - Prob. 40ECh. 12.5 - Prob. 41ECh. 12.5 - Prob. 42ECh. 12.5 - Prob. 43ECh. 12.5 - Prob. 44ECh. 12.5 - Prob. 45ECh. 12.5 - Prob. 46ECh. 12.5 - Prob. 47ECh. 12.5 - Prob. 48ECh. 12.5 - Prob. 49ECh. 12.5 - Prob. 50ECh. 12.5 - Prob. 51ECh. 12.5 - Prob. 52ECh. 12.5 - Prob. 53ECh. 12.5 - Prob. 54ECh. 12.5 - Prob. 55ECh. 12.5 - Prob. 56ECh. 12.5 - Prob. 57ECh. 12.5 - Profit If the cost function in dollars for q units...Ch. 12.5 - Prob. 59ECh. 12.5 - Prob. 60ECh. 12.5 - Prob. 61ECh. 12.5 - Prob. 62ECh. 12.5 - Fruit Flies A study of the relation between the...Ch. 12.5 - Prob. 64ECh. 12.5 - Prob. 65ECh. 12.5 - Prob. 66ECh. 12.5 - Prob. 67ECh. 12.5 - Prob. 68ECh. 12 - Determine whether each of the following statements...Ch. 12 - Determine whether each of the following statements...Ch. 12 - Prob. 3RECh. 12 - Prob. 4RECh. 12 - Prob. 5RECh. 12 - Prob. 6RECh. 12 - Prob. 7RECh. 12 - Prob. 8RECh. 12 - Prob. 9RECh. 12 - Determine whether each of the following statements...Ch. 12 - Prob. 11RECh. 12 - Prob. 12RECh. 12 - Prob. 13RECh. 12 - Prob. 14RECh. 12 - Prob. 15RECh. 12 - Prob. 16RECh. 12 - Prob. 17RECh. 12 - Prob. 18RECh. 12 - Prob. 19RECh. 12 - Prob. 20RECh. 12 - Prob. 21RECh. 12 - Prob. 22RECh. 12 - Prob. 23RECh. 12 - Prob. 24RECh. 12 - Prob. 25RECh. 12 - Prob. 26RECh. 12 - Prob. 27RECh. 12 - Prob. 28RECh. 12 - Prob. 29RECh. 12 - Prob. 30RECh. 12 - Prob. 31RECh. 12 - Prob. 32RECh. 12 - Prob. 33RECh. 12 - Prob. 34RECh. 12 - Prob. 35RECh. 12 - Prob. 36RECh. 12 - Prob. 37RECh. 12 - Prob. 38RECh. 12 - Prob. 39RECh. 12 - Prob. 40RECh. 12 - Prob. 41RECh. 12 - Prob. 42RECh. 12 - Prob. 43RECh. 12 - Prob. 44RECh. 12 - Prob. 45RECh. 12 - Prob. 46RECh. 12 - Prob. 47RECh. 12 - Prob. 48RECh. 12 - Prob. 49RECh. 12 - Prob. 50RECh. 12 - Prob. 51RECh. 12 - Prob. 52RECh. 12 - Prob. 53RECh. 12 - Prob. 54RECh. 12 - Prob. 55RECh. 12 - Prob. 56RECh. 12 - Prob. 57RECh. 12 - Prob. 58RECh. 12 - Prob. 59RECh. 12 - Prob. 60RECh. 12 - Find the slope of the tangent line to the given...Ch. 12 - Prob. 62RECh. 12 - Prob. 63RECh. 12 - Prob. 64RECh. 12 - Prob. 65RECh. 12 - Prob. 66RECh. 12 - In Exercise 42 in Section 12.2, we saw an example...Ch. 12 - Prob. 68RECh. 12 - Prob. 69RECh. 12 - Prob. 70RECh. 12 - Prob. 71RECh. 12 - Prob. 72RECh. 12 - Prob. 73RECh. 12 - Prob. 74RECh. 12 - Prob. 75RECh. 12 - Prob. 76RECh. 12 - Prob. 77RECh. 12 - Prob. 78RECh. 12 - Prob. 79RECh. 12 - Prob. 80RECh. 12 - Prob. 81RECh. 12 - Prob. 83RECh. 12 - Prob. 84RECh. 12 - Prob. 85RECh. 12 - Prob. 86RECh. 12 - Prob. 87RECh. 12 - Prob. 88RECh. 12 - Wind Energy In Section 10.4, Exercise 55, we found...Ch. 12 - Prob. 90RECh. 12 - Food Surplus In Section 10.4, Example 7, we found...Ch. 12 - Prob. 92RECh. 12 - Prob. 93RE
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- Maximum Sales Growth This is a continuation of Exercise 10. In this exercise, we determine how the sales level that gives the maximum growth rate is related to the limit on sales. Assume, as above, that the constant of proportionality is 0.3, but now suppose that sales grow to a level of 4 thousand dollars in the limit. a. Write an equation that shows the proportionality relation for G. b. On the basis of the equation from part a, make a graph of G as a function of s. c. At what sales level is the growth rate as large as possible? d. Replace the limit of 4 thousand dollars with another number, and find at what sales level the growth rate is as large as possible. What is the relationship between the limit and the sales level that gives the largest growth rate? Does this relationship change if the proportionality constant is changed? e. Use your answers in part d to explain how to determine the limit if we are given sales data showing the sales up to a point where the growth rate begins to decrease.arrow_forwardEconomic Efficiency Marginal cost is the additional cost imposed by the production of one additional item. Marginal benefit is the additional benefit of producing one additional item. For a certain company, the marginal cost C, in dollars, if it is currently producing n items, is given by C(n)=5+n, and the marginal benefit B, in dollars, is given by B(n)=250.9n. Economic efficiency occurs at the production level where marginal cost and marginal benefit are the same. What production level n gives economic efficiency for this company? Round the function values to one decimal place.arrow_forwardSales Growth In this exercise, we develop a model for the growth rate G, in thousands of dollars per year, in sales of the product as a function of the sales level s, in thousands of dollars. The model assumes that there is a limit to the total amount of sales that can be attained. In this situation, we use the term unattained sales for difference this limit and the current sales level. For example, if we expect sales grow to 3 thousand dollars in the long run, then 3-s is the unattained sales. The model states that the growth rate G is proportional to the product of the sales level s, and the unattained sales. Assume that the constant of proportionality is 0.3 and that the sales grow to 2 thousand dollars in the long run. a.Find the formula for unattained sales. b.Write an equation that shows the proportionality relation for G. c.On the basis of the equation from the part b, make a graph of G as a function of s. d.At what sales level is the growth rate as large as possible? e.What is the largest possible growth rate?arrow_forward
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