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2. A manufacturer of CD players estimates that the cost of making x machines is 600000-x C(x) = 87 000 + 122x and the demand (price) function is p(x) = - 1000 a) What is the revenue function? b) What is the marginal (ROC) revenue if the manufacturer sells 250 000 players? c) What is the actual revenue of the 250 000th CD player sold? (between 250000 and 250001) DW HAL JL 3500.000

2. A manufacturer of CD players estimates that the cost of making x machines is 600000-x C(x) = 87 000 + 122x and the demand (price) function is p(x) = - 1000 a) What is the revenue function? b) What is the marginal (ROC) revenue if the manufacturer sells 250 000 players? c) What is the actual revenue of the 250 000th CD player sold? (between 250000 and 250001) DW HAL JL 3500.000

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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2. A manufacturer of CD players estimates that the cost of making x machines is 600000-x C(x) = 87 000 + 122x and the demand (price) function is p(x)=- 1000 a) What is the revenue function? b) What is the marginal (ROC) revenue if the manufacturer sells 250 000 players? c) What is the actual revenue of the 250 000th CD player sold? (between 250000 and 250001) d) What profit will the manufacturer make if she sells 2500 000 players? e) What is the marginal (ROC) profit if she sells 250 000 players? Should she make more or less than 250 000 CD players? Why?
Transcribed Image Text:2. A manufacturer of CD players estimates that the cost of making x machines is 600000-x C(x) = 87 000 + 122x and the demand (price) function is p(x)=- 1000 a) What is the revenue function? b) What is the marginal (ROC) revenue if the manufacturer sells 250 000 players? c) What is the actual revenue of the 250 000th CD player sold? (between 250000 and 250001) d) What profit will the manufacturer make if she sells 2500 000 players? e) What is the marginal (ROC) profit if she sells 250 000 players? Should she make more or less than 250 000 CD players? Why?
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