Solve. 79) Find the equilibrium point for the given supply and demand functions. Here y represents price and x represents quantity. y = 4200 100x (demand) y = 110x A) 10, $3200 79) (supply) B) 10, $2200 C) 38, $400 D) 20, $2200 80) Find the equilibrium point for the given supply and demand functions. Here y represents price and x represents quantity. y = 402 - 2x y = 3x - 473 A) 52, $175 80 (demand) (supply) B) 175, $52 C) -473, $402 D) 400, $476 81) Regrind, Inc. regrinds used typewriter platens. The variable cost per platen is $1.70. The total cost to regrind 110 platens is $600. Find the linear cost function to regrind platens. If reground platens sell for $8.60 each, how many must be reground and sold to break even? A) C(x) = 1.70x + 600; 59 platens C) C(x) = 1.70x + 600; 87 platens B) C(x) = 1.70x + 413; 60 platens D) C(x) = 1.70x + 413; 40 platens Ive the problem. 82) A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for the production of this new toilet line is $16,600 and the variable costs are $62 per toilet. The company expects to sell the toilets for $157. Formulate a function C(x) for the total cost of producing x new toilets and a function R(x) for the total revenue generated from the sales of x toilets. A) C(x) = 62x; R(x) = 157x C) C(x) = 16600 + 62x; R(x) = 157x B) C(x) = 16600 + 157x; R(x) = 62x D) C(x) = 16,662; R(x) = 157 %3D %3D

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...
icon
Related questions
Question
Solve.
79) Find the equilibrium point for the given supply and demand functions. Here y represents price and
79)
x represents quantity.
y = 4200 - 100x (demand)
y = 110x
A) 10, $3200
(supply)
B) 10, $2200
C) 38, $400
D) 20, $2200
80) Find the equilibrium point for the given supply and demand functions. Here y represents price and
x represents quantity.
y = 402 - 2x
y = 3x - 473
A) 52, $175
80)
(demand)
(supply)
B) 175, $52
C) -473, $402
D) 400, $476
81) Regrind, Inc. regrinds used typewriter platens. The variable cost per platen is $1.70. The total cost
to regrind 110 platens is $600. Find the linear cost function to regrind platens. If reground platens
sell for $8.60 each, how many must be reground and sold to break even?
A) C(x) = 1.70x + 600; 59 platens
C) C(x)
81)
B) C(x) = 1.70x + 413; 60 platens
D) C(x) = 1.70x + 413; 40 platens
= 1.70x + 600; 87 platens
Solve the problem.
82) A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for
the production of this new toilet line is $16,600 and the variable costs are $62 per toilet. The
company expects to sell the toilets for $157. Formulate a function C(x) for the total cost of
producing x new toilets and a function R(x) for the total revenue generated from the sales of x
toilets.
A) C(x) = 62x; R(x) = 157x
C) C(x) = 16600 + 62x; R(x) = 157x
B) C(x) = 16600 + 157x; R(x) = 62x
D) C(x) = 16,662; R(x) = 157
%3D
%3D
Transcribed Image Text:Solve. 79) Find the equilibrium point for the given supply and demand functions. Here y represents price and 79) x represents quantity. y = 4200 - 100x (demand) y = 110x A) 10, $3200 (supply) B) 10, $2200 C) 38, $400 D) 20, $2200 80) Find the equilibrium point for the given supply and demand functions. Here y represents price and x represents quantity. y = 402 - 2x y = 3x - 473 A) 52, $175 80) (demand) (supply) B) 175, $52 C) -473, $402 D) 400, $476 81) Regrind, Inc. regrinds used typewriter platens. The variable cost per platen is $1.70. The total cost to regrind 110 platens is $600. Find the linear cost function to regrind platens. If reground platens sell for $8.60 each, how many must be reground and sold to break even? A) C(x) = 1.70x + 600; 59 platens C) C(x) 81) B) C(x) = 1.70x + 413; 60 platens D) C(x) = 1.70x + 413; 40 platens = 1.70x + 600; 87 platens Solve the problem. 82) A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for the production of this new toilet line is $16,600 and the variable costs are $62 per toilet. The company expects to sell the toilets for $157. Formulate a function C(x) for the total cost of producing x new toilets and a function R(x) for the total revenue generated from the sales of x toilets. A) C(x) = 62x; R(x) = 157x C) C(x) = 16600 + 62x; R(x) = 157x B) C(x) = 16600 + 157x; R(x) = 62x D) C(x) = 16,662; R(x) = 157 %3D %3D
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 6 steps

Blurred answer
Knowledge Booster
Differential Equation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning
Thomas' Calculus (14th Edition)
Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781319050740
Author:
Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:
W. H. Freeman
Precalculus
Precalculus
Calculus
ISBN:
9780135189405
Author:
Michael Sullivan
Publisher:
PEARSON
Calculus: Early Transcendental Functions
Calculus: Early Transcendental Functions
Calculus
ISBN:
9781337552516
Author:
Ron Larson, Bruce H. Edwards
Publisher:
Cengage Learning