NetSell, a the TV remote control supplier for Lumyn Electronics, has a weekly production cost of q TV remote controls that is given by C(q) = 0.000004q3 - 0.03q2 + 100q + 75,000 where q is in the interval [0, 10,000]. The demand function for this product is given by p(q) = -0.005q + 200. Based on this information, find the following: a) The marginal cost for the company. b) The marginal revenue for the company. c) The marginal profit for the company when 2,000 and 7,000 TV remote controls are manufactured.

Q: The total revenue curve of a firm is R(q) = 40q − 12q2 and its average cost A(q) =1/30 q2 − 12.85q +…

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Q: The total revenue curve of a firm is R(q) = 40q − 12q2  and itsaverage cost A(q) = 1/30 q2 − 12.85q…

A:

Q: Q2 (b) if the profit function for a product is P (x) = 5600x + 85 x - x' - 200,000 dollars, selling…

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Q: 3.The demand curve of a firm is  p=1200- 21q  and its total cost is C(q)=2q3 – 66q2 +600q+1000 where…

A: Note: according to our guidelines we can answer only first three subparts

Q: 4. You are the manager of a fast food restaurant that sells hamburgers. The revenue function is…

A: Given: The Revenue function, Rx=xpx, where x represents the number of units, px represents price…

Q: Teddy J is a manufacturer of dish washing liquid. If his monthly demand function for 750 ml size is…

A:

Q: 16. Suppose that for a company the income function (in dollars) is given by R(x) = -012x^3 + 1,296x…

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Q: Suppose a company has fixed costs of $46,800 and variable cost per unit of 3/5 x + 333 dollars,…

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Q: 10. A building materials company sells gravel. Suppose that C(x) = 0.5x² +3x %3D represents its…

A:

Q: The total revenue curve of a firm is R(q) = 40q − 12q2  and itsaverage cost A(q) = 1/30 q2 − 12.85q…

A:

Q: If the demand function for a product is given by p(x) = -0.25x² + x + 99 , where x is the number of…

A: Given demand function for a product is:  px=-0.25x2+x+99 where x is the number of units demanded and…

Q: A firm's demand function for a good is given by D: P= 100-2Q and their total cost function is given…

A: The given demand equation is P=100-2Q and the cost function is TC=300+8Q.

Q: 14. Sanja and Co. manufactures toys and sells at three places, Agra, Benguluru and Chennai by using…

A: Let x,y and z be the numbers of toys produced at Agra, Bengaluru and Chennai respectively.Profit on…

Q: The total revenue curve of a firm is R(q) = 40q − 12q and its 1 400 average cost A(q) = q − 12.85q +…

A: According to the given information, the total revenue and average cost function is given as:

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.