Suppose the revenue (in dollars) from the sale of x units of a product is given by74x² + 81x2x + 2R(x) =Find the marginal revenue when 53 units are sold. (Round your answer to the nearest dollar.)$Interpret your result.When 53 units are sold, the projected revenue from the sale of unit 54 would be $

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Answered: Suppose the revenue (in dollars) from…

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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Suppose that the cost (in dollars) of manufacturing x items is approximated by the formula C2 = 2x + x2. Find the daily rate of change in the cost function at the time the production level is 10 items and changing at a rate of 3 items per day. $7.33 per day $3.01 per day $66 per day $2.83 per day
Suppose a rumor is spreading that the government plans to give each college student $1000. Asssume that 20 people have heard the rumor as of today and that each day the number of people (past and present) who have heard it triples. Let f(t) be the number of people (past and present) who have heard the rumor at t days since today. a. Find an equation of f. b. How many people (past and present) will have heard the rumor 10 days from now? c. How many people (past and present) will have heard the rumor 15 days from now? Has model breakdown occurred? [Hint: Assume that the population is 112 million.] a. Find an equation of f. f(t) = ¹ b. How many people (past and present) will have heard the rumor 10 days from now? people c. How many people (past and present) will have heard the rumor 15 days from now? people Has model breakdown occurred? A. Model breakdown has occurred because the value for f(15) is greater than the population. B. Model breakdown has not occurred because the value for…
During a nationwide program to immunize the population against a new strain of the flu. Pullic Health officials determined that the cost of inoculating x% of the susceptible population would be approximately C(x) = 1.85x / 100 - x million dollars. a. What would it cost to profiding immunication to the first 20% of the susceptible polulation? b. What would it cost to providing immunization to the next 30% of the susceptible population?
The table shows the number of adult softball teams since 1990, where x represents the year since 2000 and y represents the number of teams (in thousands). Make a scatter plot of the data and determine which type of model best fits the data. Year, x 0 1 2 3 4 Number of teams (in thousands) 163 155 149 143 119 linear quadratic exponential cubic

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