A retailer currently sells 15 tablets per day at a cost of $568. Market research indicates that for each $8 reduction in price, 3 more tablets per day would be sold. How much should the retailer charge in order to maximize their daily revenue? What is the maximum daily revenue? (a) How much should the retailer charge in order to maximize their daily revenue?. (b) What is the maximum daily revenue?

Q: Suppose that the manufacturer of a gas clothes dryer has found that, when the unit price is p…

A: Given: The revenue function at the unit price p dollars is R(p)=-6p2+12000p   To determine: The…

Q: An investor has $75,000 to invest in a CD and a mutual fund. The CD yields 8% and the mutual fund…

A: We have to find how much should be invested in the mutual fund to maximize the return.

Q: 2A. Dominique clothing line can produce a maximum of 4800 dresses in a year. If it sells x dresses…

A:

Q: The manager of a large apartment complex knows from experience that 90 units will be occupied if the…

A: let R be the revenue, and let n be the number of (up or down) $4 in rent. Hence the equation for…

Q: A city's transit authority serves 180,000 commuters daily when the fare is $1.70. Market research…

A: calculation of fare earn maximum profit are as follows

Q: Kevin is an auto mechanic. He spends 2 hours when he replaces the shocks on a car and 2 hours when…

A: He spends 2 hours when he replaces the shocks on a car and 2 hours when he replaces the brakes. He…

Q: A farmer finds that if she plants 75 trees per acre, each tree will yield 20 bushels of fruit. She…

A:

Q: An automobile dealer can sell 12 cares per day at a price of $15,000. He estimates that for each…

A: An automobile dealer can sell 12 cares per day at a price of $15,000. He estimates that for each…

Q: An investor has ​$75,000 to invest in a CD and a mutual fund. The CD yields 8​% and the mutual…

A: let the money invested in CD is x  The money invested in mutual funds is y  return is given by…

Q: 4. RockHard Productions holds weekly events in an arena with a seating capacity of 15 000…

A:

Q: Kevin is an auto mechanic. He spends 3 hours when he replaces the shocks on a car and 2 hours when…

A: Let Kevin complete x shocks replace work and y brakes replace work in a week. Thus, the total income…

Q: Kevin is an auto mechanic. He spends 3 hours when he replaces the shocks on a car and 2 hours when…

A:

Q: A walnut grower estimates from past records that if 20 trees are planted per acre, then each tree…

A: to find : (i) no. of trees to be planted for maximum yield per acre. (ii) maximum yield per acre.

Q: An electronics store manager stocks from 20 to 30 IBM-compatible computers and from 30 to 50…

A:

Q: An investor has $75,000 to invest in a CD and a mutual fund. The CD yields 7% and the mutual fund…

A: According to the given information, Let x be the amount invested in CD’s and y be the amount…

Q: Kevin is an auto mechanic. He spends 3 hours when he replaces the shocks on a car and 2 hours when…

A: Given information: Denote the event “Kevin replaces the shock on a car” as S. Denote the event…

Q: A manufacturer has been selling gadgets at a price of $50 each, and at this price, customers have…

A:

Q: aximize total revenue? (a) What price should have been charged to

A: Given as, Demand(q)=-4500+41500Revenue=Price×DemandRevenue(R)=p×q=-4500p2+41500p

Q: A baseball card store can obtain Mel Schlabotnic rookie cards at a cost of $4 per card. The store…

A: Let the number of cards be x. Given: The cost of obtaining the cards will be, C(x) = 4x The cost of…

Q: Amanufacturer of motorcycle tires has found that when the unit price is p dollars, the revenue R (…

A:

Q: The goal of the transportation model is to maximize the transportation cost. * True False

A: The transportation model is a special case of linear programming problems in which the objective is…

Q: Kevin is an auto mechanic. He spends 2 hours when he replaces the shocks on a car and 2 hours when…

A:

Q: Kevin is an auto mechanic. He spends 2 hours when he replaces the shocks on a car and 2 hours when…

A:

Q: An investor has $70,000 to invest in a CD and a mutual fund. The CD yields 9% and the mutual fund…

A:

Q: Kevin is an auto mechanic. He spends 3 hours when he replaces the shocks on a car and 2 hours when…

A:

Q: 8) When a management training company prices its seminar on management techniques at $400 per…

A: Given, Number of people attend the seminar,N0=1000 Charge of the seminar per people,p0=$400 Number…

Q: An investor has $60,000 to invest in a CD and a mutual fund. The CD yields 7% and the mutual fund…

A:

Q: The manager of a 100-unit apartment complex knows from experience that all units will be occupied if…

A: It is given that The manager of a 100-unit apartment complex knows from experience that all units…

Q: manager sells 75 cakes per week at 650 pesos each and he knows that for every 10 pesos crease in the…

A: Given query is to find the price tk maximize the revenue.

Q: An investor has $80,000 to invest in a CD and a mutual fund. The CD yields 6% and the mutual fund…

A: Let x be the amount invested in CD and let $y be the amount invested in mutual fund.It is given that…

Q: A grocery store has been selling frozen pizzas at $5 each, and at this price, customers have been…

A:

Q: Kevin is an auto mechanic. He spends 2 hours when he replaces the shocks on a car and 2 hours when…

A: Consider Kevin spends 2 hours on shocks replaces and 2 hours on brakes replaces. Let the shocks…

Q: An apple grower finds that if she plants 20 trees per acre, each tree will yield 90 bushels of…

A:

Q: The manufacturer of a CD player has found that the revenue R (in dollars) is  R(p)= -5p^2+1120p,…

A: We have given the revenue function R(p)= -5p^2+1120p

Q: Kevin is an auto mechanic. He spends 3 hours when he replaces the shocks on a car and 2 hours when…

A: Let x denotes  Kevin replaces the shock and y denote Kevin replaces the break. Kevin spends 3 hours…

Q: A farmer finds that if she plants 75 trees per acre, each tree will yield 50 bushels of fruit. She…

A: Given this problem we find how many trees should she plant per acre to maximize her harvest.   Here…

Q: The estimated monthly profit realizable by Hanover Jones Inc. for manufacturing and selling x units…

A:

Q: A new computer game currently sells for $50 a copy. At this price, the company is selling an average…

A:

Q: A pension fund manager decides to invest at most $50 million in U.S. Treasury Bonds paying 4% annual…

A: Consider the following:  Let x be the amount invested in bonds and let y be the amount invested in…

Q: Kevin is an auto mechanic. He spends 3 hours when he replaces the shocks on a car and 2 hours when…

A: We will solve the following.

Q: A financier plans to invest up to $500,000 in two projects. Project A yields a return of 10% on the…

A:

Q: An investor has $80,000 to invest in a CD and a mutual fund. The CD yields 6% and the mutual fund…

A:

Q: Kevin is an auto mechanic. He spends 2 hours when he replaces the shocks on a car and 2 hours when…

A:

Q: Kevin is an auto mechanic. He spends 2 hours when he replaces the shocks on a car and 2 hours when…

A:

Q: Use calculus techniques to find what production level will maximize revenue and what the maximum…

A:

Q: Investor Matt has $83,000 to invest in a CD and a mutua The CD yields 4% and the mutual fund yields…

A: Let x be the amount invested in CD y be the amount invested in Mutual fund Total amount Matt has to…

Q: 4) If the total revenue function for a computer is R(x) = 45x + 3x? – x3 a) Find the level of sales,…

A:

Q: An investor has $75,000 to invest in a CD and a mutual fund. The CD yields 7% and the mutual fund…

A: This question can be solved by applying the concept of linear programming.

Q: Kevin is an auto mechanic. He spends 2 hours when he replaces the shocks on a car and 2 hours when…

A: Time for shock replacement = 2 hours Time for replacing braked = 2 hours Total working hours in a…