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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?

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?

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Answer only (d) and (e) please. 

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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