Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
![B) The Marginal Revenue function:
MR(q)
C) The Marginal Profit function:
MP(q)
D) The Marginal Profits for q
473 thousand units:
MPР(473)
(see Part E for units)
Which of the following represent the proper units for the answer to Part D?
O thousands of dollars per unit
O dollars
O thousands of units per dollar
O dollars per unit
O units per dollar
O units](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8c845cf8-3d77-4ddd-9d5a-2a560adfc5de%2F2304a33b-5f6a-40d6-a95f-d87cc32a7067%2F9esz8gp_processed.jpeg&w=3840&q=75)
![In 1997, researchers at Texas A&M University estimated the operating costs of cotton gin plans of various
sizes. A quadratic model of cost (in thousands of dollars) for the largest plants was found to be very similar
to:
C(q) = 0.024q? + 21.5q + 348
where q is the annual quanity of bales (in thousands) produced by the plant. Revenue was estimated at $67
per bale of cotton.
Find the following (but be cautious and play close attention to the units):
A) The Marginal Cost function:
MC(q)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8c845cf8-3d77-4ddd-9d5a-2a560adfc5de%2F2304a33b-5f6a-40d6-a95f-d87cc32a7067%2Fsujf5ol_processed.jpeg&w=3840&q=75)
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