A lash adjuster keeps pressure constant on engine valves, thereby increasing fuel efficiency in automobile engines. The relationship between price (p) and monthly demand (D) for lash adjusters made by the Wicks Company is given by this equation D (1900-py0 10 What is the demand (0) when total revenue is maximed? What important data are needed if maximum profit is desired? GOD The total revenue is maximized when demand is 9500 units per month (Round to the nearest whole number) Select all important data that are needed a maximum profit is desired DA. Vanable cost per lash adjuster OB Faed cost per month DC. Variable cost per engine valve D. Vanable cost per gallon of fuel
A lash adjuster keeps pressure constant on engine valves, thereby increasing fuel efficiency in automobile engines. The relationship between price (p) and monthly demand (D) for lash adjusters made by the Wicks Company is given by this equation D (1900-py0 10 What is the demand (0) when total revenue is maximed? What important data are needed if maximum profit is desired? GOD The total revenue is maximized when demand is 9500 units per month (Round to the nearest whole number) Select all important data that are needed a maximum profit is desired DA. Vanable cost per lash adjuster OB Faed cost per month DC. Variable cost per engine valve D. Vanable cost per gallon of fuel
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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