Find the marginal revenue function r''

Reference no: EM131125425

The management of Sony plans to market a SuperElectroStat, an electronic speaker system. The marketing department has determined that the demand for these speakers is p = -0.04x + 500 Where (0 = x = 20, 000) where p denotes the speaker's unit price ($) and x denotes the quantity demanded. Suppose that Sony production department estimates that the total cost ($) incurred in manufacturing x SuperElectroStat speaker system in the first year of production will be C (x) = 200x + 300, 000

a) Find the revenue function R.

b) Find the marginal revenue function R' .

c) Compute R' (5000).

d) Find the profit function P.

e) Find the marginal profit function P'.

f ) Compute P ' (5000), P ' (8000).

Reference no: EM131125425

Questions Cloud

Discuss relationship between projects-portfolio management : What is a program? What is a project portfolio? Discuss the relationship between projects, programs, and portfolio management and the contributions they each make to enterprise success.

What questions have come up for you at this point : What have you been struggling with? What questions have come up for you at this point? Do you have any helpful tips that you've picked up in this course or in a past course?

What is the probability that 3 jurors are mexican americans : What is the probability that 3 jurors are Mexican Americans?

Identify major factors that cause ventures to get into ft : Identify major factors that cause ventures to get into finan

Find the marginal revenue function r'' : Find the marginal revenue function R'

Write a program where a user inputs the sides of a triangle : Write a program where a user inputs the sides of a triangle randomly and the program outputs the hypotenuse and tells if the triangle is a right triangle or not

Differences among working for a domestic firm : What would you imagine to be the major differences among working for a domestic firm inside the United States, working for a foreign company's operations inside the United States, and working for an A

What are the three types or methods of restructuring : What are the three types or methods of restructuring available when trying to turn around financially troubled ventures?

Explain the roots of the decembrist societies : Read Anatole Mazour, The First Russian Revolution, 1825: The Decembrist Movement, Its Origins, Development, and Significance (1961) and write a one-page paper explaining the roots of the Decembrist societies (and their differences).

User Account

All Pages