|Oct15-05, 01:22 PM||#1|
1. Assume that total revenue from the sale of x television sets is given by
a)find the marginal revenue when 400, 500, 600 sets are sold
i found that R'(x)=-4 +(x/125)
is it correct?
therefore R'(400)=$-0.8 R'(500)=$0 R'(600)=$0.8
b)find the average revenue form the sales of x sets
would it equal (1000/x)(1-(x/500))^2 ??
could it be simplify further?
c) Find the marginal average revenue.
am i correct on all of these??
2. The cost is dollars of manufacturing x items is given by
demand equation is x=√(15000-1.5p)
in terms of the demand x,
a) find an expression for the revenue R
does that mean R(x)=px
or u solve for p instead?
|Oct15-05, 05:47 PM||#2|
|Oct15-05, 06:46 PM||#3|
o..my mistake...the question is actually
then is my answer right now?
|Oct16-05, 09:33 AM||#4|
yep, at least as far as R'(x) is concerned, I don't know any economics so I won't say anything else about the rest of the problem.
|Similar discussions for: Calculus|
|Calculus, Stewart - "Calculus" both Single & Multivariable?||Calculus||3|
|AP Calculus vs. College Calculus||Academic Guidance||16|
|How do you get from calculus to stochastic calculus?||Calculus||3|
|Calculus, again||Introductory Physics Homework||2|
|Calculus help||Introductory Physics Homework||3|