Mathematics, 10.06.2020 13:57 okitsfrizz2370
Suppose a company's revenue function is given by R(q) = - q^3 + 220q^2 and its cost function is given by C(q) = 500 + 13q, where q is hundreds of units sold/produced, while R(q) and C(q) are in total dollars of revenue and cost, respectively.
A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer.)
MP(q) =
B) How many items (in hundreds) need to be sold to maximize profits? (Round your answer to two decimal places.)
Answers: 2
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Mathematics, 21.06.2019 20:50
There are three bags: a (contains 2 white and 4 red balls), b (8 white, 4 red) and c (1 white 3 red). you select one ball at random from each bag, observe that exactly two are white, but forget which ball came from which bag. what is the probability that you selected a white ball from bag a?
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Suppose a company's revenue function is given by R(q) = - q^3 + 220q^2 and its cost function is give...
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