Solution-Determine the number of luxury cars

Determine the number of luxury cars

Assignment Help Mathematics

Reference no: EM131043883

The cost C(x) and revenue, R(x) functions to produce and sell luxury cars are shown below, where "x" represents the number of luxury cars

C(x)=2200+60x

R(x)=780x-x^2

a. Determine the number of luxury cars that must be produced and sold to obtain the max profit

b. Determine the max profit in dollars

Reference no: EM131043883

Questions Cloud

Initial amount of a radioactive substance : An initial amount of a radioactive substance y0 is given, along with information about the amount remaining after a given time t in appropriate units. For an equation of the form y = y0ekt that models the situation, give the exact value of k in ter..

Systems of equations in his or her personal life : Part A: In your own words, define consistent, inconsistent, dependent, and independent in terms of how they relate to systems of equations. Part B: Systems of equations have a wide application in the world around us. What is one way someone could..

Estimate fastest company cost of preferred shares : Fastest Company's preferred shares were issued last year at $29.68 per share, but are now trading at $28.74. Fastest pays annual preferred dividends of $2.07 per share. Estimate Fastest Company's cost of preferred shares.

Explain the reasons for changes in flow depth near the hump : Explain the reasons for changes in flow depth near the hump using concepts of specific energy.

Determine the number of luxury cars : a. Determine the number of luxury cars that must be produced and sold to obtain the max profit b. Determine the max profit in dollars

Break-even strictly on the basis of cash expenditures : ABC determines its break-even strictly on the basis of cash expenditures related to fixed costs. Its total fixed costs are $800,000, but 30 percent of this value is represented by depreciation. Its contribution margin (price minus variable cost) for ..

What is an informal logical fallacy : What is cyberethics? How is it different from and similar to computer ethics and Internet ethics? Summarize the key aspects of each of the "four phases" we used to describe the evolution of cyberethics as a field of applied ethics.

Modeled with an exponential function : Assume the initial value of a car is $18,000 and that the car's value depreciates. The value of the car can be modeled with an exponential function, V = Iekt, where V is the value of the car at year t, I is the initial value of the car, and k is a..

Real estate adventures and contracting expects sales : Real Estate Adventures & Contracting expects sales next year to be $3,000,000 if the economy is strong, $1,800,000 if the economy is steady, and $500,000 if the economy is weak. What is the expected level of sales for next year?

User Account

All Pages

Determine the number of luxury cars

Reference no: EM131043883

Reference no: EM131043883

Questions Cloud

Reviews

Write a Review

Mathematics Questions & Answers

Questions on ferris wheel

Logistic map

Finding the probability of cards

Systems of ode

Derive the boolean expression

System of equations

Linear programming problem

Find the natural domain

Introduction to numerical methods

Chart of the topological manifold

Mathematics in computing

Complex problems

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT