Find the average revenue function from producing mice

Assignment Help Mathematics
Reference no: EM131014939

The revenue earned producing a type wireless computer mouse is given by the function R(x) = x(100.00 - 0.03x), where x is the number of mice produced.

a. If we produce 1000 mice, what is the revenue?

b. If we produce 1000 mice, what is the average revenue earned per mouse?

c. If we produce 1200 mice, what is the average revenue earned per mouse?

d. Find the average revenue function R‾(x) from producing mice.

e. What are the units for R‾(x)?What do we usually call this?

Reference no: EM131014939

Questions Cloud

Determine the fugacity and fugacity coefficient of propane : Determine the fugacity and fugacity coefficient of propane using the following approximations the Lewis fugacity rule.
Find the average rate of change of revenue : Find the average rate of change of revenue when production is increased from 1000 to 1001 units. Find the instantaneous rate of change when 2000 units are produced.
Challenging the constitutionality of the new york statute : Amazon.com has now begun collecting sales tax on sales to residents of New York. New York is the first state to pass a law requiring retailers, even those without a physical presence in the state, to collect sales tax from residents of New York. A..
Who is the designated emergency manager : Thorough data collection for this exercise requires time. You should start data collection immediately in order to have enough time to collect, synthesize and report on the data.
Find the average revenue function from producing mice : Find the average revenue function R‾(x) from producing mice. What are the units for R‾(x)?What do we usually call this? If we produce 1000 mice, what is the revenue?
Practice of refusing to rent rooms to negroes : Prior to passage of Title II of the Civil Rights Act, the motel had followed a practice of refusing to rent rooms to Negroes, and it alleged that it intended to continue to do so. The motel filed suit, challenging Congress for passing this act in ..
What are the four ethical principles : What are the four ethical principles? How would you sort through a conflict created when the four ethical principles each focus on a different and conflicting action
Load of stadium seating equipment for delivery : Lawrence Hardesty, a long-haul tractor-trailer driver, picked up a load of stadium seating equipment for delivery to an NFL stadium under construction in Baltimore. While workers were loading the seats and equipment, Mr. Hardesty stayed in the cab..
Formulate a set of first order differential equations : Formulate a set of first order differential equations and initial values in the variable U1 = y and U2 = y' that is equivalent to the above differential equation.

Reviews

Write a Review

Mathematics Questions & Answers

  Find the number of homes built

Provide a written summary of your results explaining them in the context of the original problem. If you were a homebuilder, would you be interested in continuing to build homes in this market over the long run? Explain why or why not.

  The owner of a restaurant serving continental style entrees

The owner of a restaurant serving continental style entrees was interested in studying ordering patterns of patrons from the friday to sunday weekend time period.records are maintained that indicated the demand for desert during the same time..

  Which mover provides a better deal for 2 hours of work

Which mover provides a better deal for 2 hours of work? How did you arrive at your answer?

  How many sandwiches do they need to make

The school cafeteria has found that they go through 7 sandwiches for every 4 tickets they sell to the students. Today they have 344 tickets for sale. How many sandwiches do they need to make?

  Compute the mean and standard deviation of the information

Compute the mean and standard deviation of the information

  For study conducted by research department of

for a study conducted by the research department of a pharmaceutical company 245 randomly selected individuals were

  What is the maximum number of hours the crane

the cost to rent a construction crane is $750.00 per day plus $250.00 per hour of use. What is the maximum number of hours the crane can be used each day if the rental cost is not to exceed over $2500.00 per day?

  Christine went shopping and bought each one of her 6

christine went shopping and bought each one of her 6 nephews a gift either a video that costing 14.95 or a cd costing

  Calculate a probabilty of flush

Poker, in the deck 52 cards, hand of 5 cards, one of the winning hands is flush, all cards belong to a common suit. A) Calculate the number of possible combinations of poker hands B) Calculate a probabilty of flush

  What are the dimensions of a closed rectangular box

What are the dimensions of a closed rectangular box that has a square cross section, a capacity of 104 in. cubed, and is constructed using the least amount of material? (Round your answers to two decimal places.)

  Determining othronormal basis

Consider the following three vectors in R^3: Verify that {x_1, x_2, x_3} are orthogonal with the standard inner product in R^4

  Find rate at which distance between vehicles is increasing

At time t = 0, the police car is 40 km north and the truckis 30 km east of Sioux Falls. Calculate the rate at which the distance between the vehicles is increasing at t = 10 min.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd