Business The monthly revenue R achieved by selling x

Algebra and Trigonometry | 9th Edition | ISBN: 9780321716569 | Authors: Michael Sullivan

ISBN: 9780321716569 181

Solution for problem 79 Chapter 4.3

Algebra and Trigonometry | 9th Edition

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Problem 79

Business The monthly revenue R achieved by selling x wristwatches is figured to be R1x2 = 75x - 0.2x2. The monthly cost C ofselling x wristwatches is C1x2 = 32x + 1750 (a) How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?(b) Profit is given as P1x2 = R1x2 - C1x2. What is the profit function? (c) How many wristwatches must the firm sell to maximize profit? What is the maximum profit? (d) Provide a reasonable explanation as to why the answers found in parts (a) and (c) differ. Explain why a quadratic function is a reasonable model for revenue.

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Law 322 Exam 3 Study Guide Chapter 11 1. Goods are tangible person property, does not apply to real property 2. Merchants are involved in day to day business 3. Article two governs these types of contracts a. Designed to promote commerce, commercial sales of goods b. More liberal than common law of contracts i. A contract can

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Chapter 4.3, Problem 79 is Solved

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Textbook: Algebra and Trigonometry

Edition: 9

Author: Michael Sullivan

ISBN: 9780321716569

This full solution covers the following key subjects: . This expansive textbook survival guide covers 107 chapters, and 8650 solutions. The answer to “Business The monthly revenue R achieved by selling x wristwatches is figured to be R1x2 = 75x - 0.2x2. The monthly cost C ofselling x wristwatches is C1x2 = 32x + 1750 (a) How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?(b) Profit is given as P1x2 = R1x2 - C1x2. What is the profit function? (c) How many wristwatches must the firm sell to maximize profit? What is the maximum profit? (d) Provide a reasonable explanation as to why the answers found in parts (a) and (c) differ. Explain why a quadratic function is a reasonable model for revenue.” is broken down into a number of easy to follow steps, and 106 words. Since the solution to 79 from 4.3 chapter was answered, more than 344 students have viewed the full step-by-step answer. Algebra and Trigonometry was written by and is associated to the ISBN: 9780321716569. The full step-by-step solution to problem: 79 from chapter: 4.3 was answered by , our top Math solution expert on 12/23/17, 05:02PM. This textbook survival guide was created for the textbook: Algebra and Trigonometry, edition: 9.