Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. a company produces a product. suppose the revenue

A company produces a product. Suppose the revenue for the sale of the product is given...

90.2K

Verified Solution

Question

Basic Math

A company produces a product. Suppose the revenue for the saleof the product is given by the function R(q) below and the cost ofproducing the product is given by the function C(q) below where qrepresents how many units of the product the company produces andsells. Remembering that profit is equal to revenue - cost, find thequantity that produces the max profit this company can achieve.R(q) =550q C(q) = 5500+5q^2

Answer & Explanation Solved by verified expert
4.4 Ratings (853 Votes)
    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Researchers investigating cave fish found a new population in a previously undiscovered cave. These fish also...

Physics
1.2K views

1.The range from high to low tide in a particular bay is found to be d...

Biology
1.2K views

How does the presence of vestigial structures support evolution? A. It shows that all organisms...

Biology
1.2K views

You know that bleach kills 90 of all of a particular bacterial culture every 30...

Biology
1.2K views

Match the following statements to the correct term 2 points total characters that are found...

Biology
1.2K views

Which of the following are NOT characteristics of the pea plant that make it an...

Geometry
1.2K views

Problem 11 Let A B C be a triangle and let PO be an arbitrary...

Algebra
1.2K views

Let f x x Click on the graph of g x f x 1 A...

Accounting
1.2K views

2. From the following balance sheet prepare a cash flow statement of Abc ltd For...

Accounting
1.2K views

Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers...

Accounting
1.2K views

Boo, Inc. (a C corporation) has $20,000 in long-term capital gains, $40,000 in short-term capital...

Accounting
1.2K views

The court system are the foundations of the Australian Legal system. Would you agree that...