company manufactures a series of 20-in. flat-tube LCD televisions. The quantity x of these sets demanded...

50.1K

Verified Solution

Question

Basic Math

company manufactures a series of 20-in. flat-tube LCDtelevisions. The quantity x of these sets demanded each week isrelated to the wholesale unit price p by the followingequation.
p = −0.007x + 190
The weekly total cost (in dollars) incurred by Pulsar forproducing x sets is represented by the following equation. Find thefollowing functions (in dollars) and compute the followingvalues.
C(x) = 0.000004x3 − 0.02x2 + 150x + 65,000
(a)
Find the revenue function R.
R(x) =
Find the profit function P.
P(x) =
(b)
Find the marginal cost function C'.
C'(x) =
Find the marginal revenue function R'.
R'(x) =
Find the marginal profit function P'.
P'(x) =
(c)
Compute the following values. (Round your answers to twodecimal places.)
C'(2,500) =
R'(2,500) =
P'(2,500) =
(d)
Sketch C(x).

2. Average Cost for Producing Microwaves Let the total costfunction C(x) be defined as follows.
C(x) = 0.0003x3 − 0.02x2 + 114x + 4,300
Find the average cost function C.
C(x) =
Find the marginal average cost function C '.
C '(x) =

Answer & Explanation Solved by verified expert
4.0 Ratings (519 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