The manufacturer of a electronic tablet has found that the revenue R (in dollars) is R(p) = -5p2 + 1180p, when the unit price is p dollars. If the manufacturer sets the price p to maximize revenue, what is the maximum revenue to the nearest whole dollar?

The manufacturer of a electronic tablet has found that the revenue R (in dollars) is R(p) = -5p2 + 1180p, when the unit price is p dollars. If the manufacturer sets the price p to maximize revenue, what is the maximum revenue to the nearest whole dollar?

Elementary Geometry For College Students, 7e

7th Edition

ISBN:9781337614085

Author:Alexander, Daniel C.; Koeberlein, Geralyn M.

Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.

Chapter8: Areas Of Polygons And Circles

Section8.5: More Area Relationships In The Circle

Problem 30E: At the Pizza Dude restaurant, a 12-in. pizza costs 5.40 to make, and the manager wants to make at...

See similar textbooks

Related questions

Q: A financier plans to invest up to $500,000 in two projects. Project A yields a return of 8% on the…

A: Given: Total investment in both the projects is upto $500,000. Return yielded by the…

Q: When a potter sells his pots for p dollars apiece, he can sell D(p)=2500-p2 them. Suppose the pots…

Q: Maria holds two part-time jobs, Job A and Job B. She never wants to work 56 hours a week. If…

A: let number of hours spent at job A be x So, let's say she works at her peak limit each week, i.e.…

Q: A company that produces tracking devices for computer disk drives finds that if it produces x…

Q: A deli owner has room for 55 containers of shredded Parmesan cheese. He has 5-oz and 10-oz…

Q: A manufacturing company has the following cost and revenue functions: C(x) = 3600 + 25x +x² and R(x)…

A: Break-even point: It is the point at which the cost and revenue are same. Profit = Revenue - Cost.…

Q: The manager of a large apartment complex knows from experience that 80 units will be occupied if the…

A: The manager of a large apartment complex knows from experience that 80 units will be occupied if the…

Q: A manufacturer has RM8,000 to spend on the development and promotion of a new product. It is…

A: Derivative of a function is determined as the change of variable with respect to another variable.…

Q: A ﬁrm’s revenue after selling q items is given by R(q) = 2q3 +36q while the ﬁrm’s costs after making…

A: R(q) = 2q3 +36qC(q) = 3q2 −10Profit, P(q) = R(q) - C(q) = 2q3 +36q - (3q2 −10) = 2q3 - 3q2 +…

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

Q: Suppose a company's profits are given by P = x^2 y, where x is the amount of money they spend on TV…

A: given P = x^2 y x+y=12

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 company sells two different types of candles, and their profit function for a week is given by…

A: Consider the provided question, (3)

Q: The manufacturer of a CD player has found that the revenue R (in dollars) is R(p)=-5p^2+1,920p,when…

Q: A company making Espresso machines has a demand price that can be modeled by p=500-0.5q^2 and the…

A: Given that: demand price is modeled by p=500-0.5q^2 the total cost is modeled by C=50q+40 To Find:…

Q: A company manufactures two types of sneakers: running shoes and basketball shoes. The total revenue…

A: Given ,Revenue from x1 units of running shoes and x2 units of basketball…

Q: The owner of a mid-size company advertises on the television and on the radio. He has found that the…

A: We need to determine the value of x, y such that the function: N(x, y)=-0.5x2-0.9y2+13x+18y+350 is…

Q: A company manufactures two types of bicycles, a racing bicycle and a mountain bicycle. The total…

Q: A company found that -2p + 1000 models the number of TVs sold per month where p can be set as low as…

A: Given

Q: A firm can produce 500 units per week. If its total cost function is C = 600 + 1200x dollars and its…

A: Explained below...

Q: When a potter sells his pots for p dollars apiece, he can sell D(p) = 2500 − p 2 of them. Suppose…

A: Given Function for selling price,D(p)=2500-p2

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

A: Given: -

Q: A company manufactures two types of bicycles, a racing bicycle and a mountain bicycle. The total…

A: It is given that the total revenue of the company that produces x units of racing bicycle and y…

Q: A firm can produce 500 units per week. If its total cost function is C = 500 + 1200x dollars and…

Q: A retail store has determined that the daily profit for the store is related to the number of…

A: for maximize profit put p'(x)=0.

Q: A farmer finds that if she plants 85 trees per acre, each tree will yield 65 bushels of fruit. She…

A: answer is in next step

Q: The monthly revenue R achieved by selling x wristwatches is figured to be R(x) = 75x – 0.2x². The…

A: The monthly revenue R achieved by selling x wristwatches to be R(x)=75x-0.2x2The monthly cost of…

Q: A farmer finds that if she plants 60 trees per acre, each tree will yield 35 bushels of fruit. She…

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

A: Solution:GivenR(p)=-4p2+4000pTo find the unit price when revenue is maximum.Also find the Maximum…

Q: manufacturer has RM8,000 to spend on the development and promotion of a new product. It is estimated…

Q: An appliance company determines that in order to sell x dishwashers, the price per dishwasher must…

Q: The demand for monorail service in the three districts of Utarek on Mars can be approximated by q =…

A: Given that: The demand for monorail service in the three districts of Utarek on Mars can be…

Q: The manufacturer of a CD player has found that the revenue R (in dollars) is R (p)=-5p2 + 1920p…

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: A farmer finds that if she plants 55 trees per acre, each tree will yield 50 bushels of fruit. She…

A: Let x be trees per acre and y be yield. The given data is represented in an equation,…

Q: The monthly revenue R achieved by selling x wristwatches is figured to be R(x)=75x−0.2x2. The…

A: As per bartleby guidelines we only give first three questions answers.

Q: a cost function of C=16x2−133x+9878C=16x2-133x+9878, where CC is the cost in dollars and xx is the…

A: Given query is to find the units to minimize the cost.

Q: Callaway Golf Company has determined that the marginal cost C of manufacturing x Big Bertha golf…

A: The marginal cost C of manufacturing x is given by the equationC(x)=4.9x2-617.4x+19600

Q: A company manufactures two types of bicycles, a racing bicycle and a mountain bicycle. The total…

Q: The policy of the Broadway Pawnshop is to lend up to 35% of the value of a borrower's collateral.…

A: First calculate the total value of the collateral. It is calculated by adding the prices of the…

Q: Suppose that the profit a company makes from selling x units of a product is given by : P(x) = -2x²…

Q: A chemical manufacturer sells sulfuric acid in bulk at a price of $600 per unit. If the daily total…

Q: S(x) = -2x^3 + 27x^2 + 132x + 200 Find the amount spent on advertising to maximize the number of…

Q: An apple grower finds that if she plants 70 trees per acre, each tree will yield 164 bushels of…

Q: ufacturer estimates that the cost (C) of production of x units of a certain item is C = 40x −…

A: We have to find the unit where minimum cost arises

Q: A farmer finds that if she plants 70 trees per acre, each tree will yield 30 bushels of fruit. She…

Q: The manager of a large apartment complex knows from experience that 80 units will be occupied if the…

A: Let us assume he has to increase 3 dollars x times.So, the new rent= 396-3x Number of units will be…

Q: A company that produces cell phones has a cost function of C = 28x² in dollars and x is the number…

A: We have to find

Q: What is the optimal value of the quadratic relation y = - 5 x^2 + 10?

Question

100%

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Answer:

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

At the Pizza Dude restaurant, a 12-in. pizza costs 5.40 to make, and the manager wants to make at least 4.80 from the sale of each pizza. If the pizza will be sold by the slice and each pizza is cut into 6 pieces, what is the minimum charge per slice?
For the revenue model in Exercise 10.205 and Exercise 10.209, explain what the x-intercepts mean to the computer store owner.
Find the slope of the line: x = —4.
On the first part of a 350-kilometer trip, a salesperson travels 2 hours and 15 minutes at an average speed of 100 kilometers per hour. The salesperson needs to arrive at the destination in another hour and 20 minutes. Find the average speed required for the remainder of the trip.