Mathematics, 23.03.2021 01:40 sugar1014
A demand function for a certain product is given by the equation q=2000−70p, where p is the price in dollars, and q is the quantity demanded. 1). Find a function to represents the revenue generated by producing and selling q (not p) items. 2). Define your variables. 3). Use this function to determine the quantity that maximizes revenue. Explain/show how you got the max. 4). What price should be charged in order to maximize revenue?
Answers: 1
Mathematics, 21.06.2019 16:30
An automated water dispenser fills packets with one liter of water on average, with a standard deviation of 5 milliliter. the manual says that after a year of operation the dispenser should be tested to see if it needs recalibration. a year later a number of filled packets are set aside and measured separately. it is found that the average packet now contains about 0.995 liters. does the dispenser need calibration? explain your answer.
Answers: 2
Mathematics, 21.06.2019 21:30
The map shows the location of the airport and a warehouse in a city. though not displayed on the map, there is also a factory 112 miles due north of the warehouse.a truck traveled from the warehouse to the airport and then to the factory. what is the total number of miles the truck traveled?
Answers: 3
A demand function for a certain product is given by the equation q=2000−70p, where p is the price in...
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