Use calculus techniques to find what production level will maximize revenue and what the maximum revenue would be.

Q: A volleyball team plays in a stadium with a capacity of 50,000 spectators. With the ticket price at…

A: The  function that maximize the ticket sales revenue is given as follows

Q: Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet…

A: Part 2: Approach to solving the question:To construct an appropriate spreadsheet model for…

Q: A walnut grower estimates from past records that if 20 trees are planted per acre, then each tree…

A: to find : (i) no. of trees to be planted for maximum yield per acre. (ii) maximum yield per acre.

Q: Suppose that a company that makes sweatshirts has a linear demand function of qD = –6p + 400 and a…

A: Given, demand function, Supply function is For equilibrium, we have,

Q: Suppose that a company that makes sweatshirts has a linear demand function of qD = –13p + 500 and a…

A:

Q: The demand for a certain model smartphone is given by p = 400 - 0.01x, where p denotes the unit…

A: Given,  The demand function of a certain model smartphone is given by  p = 400 - 0.01x, where p…

Q: A lawn service company charges $48 for each lawn maintenance call. The fixed monthly cost of $670…

A:

Q: Alexia your friend is a busy mandating company who is selling 1950 television sets a week at $540…

A: Sol:- a) To find the linear demand function D(q), we need to use the given information that the…

Q: Suppose the supply curve for a certain brand of smartwatches is given by q = 0.06p + 255 and the…

A: Given: The supply curve of a certain brand of smart watches is q = 0.06 p + 255. The demand curve is…

Q: How do you determine whether demand is inelastic?  elastic?  Describe what a corporation should do…

A: Let q = f (p), where q is the demand at a price p. Then, the elasticity of demand E is,

Q: A company wants to manufacture a rectangular box having a square base and a total volume of 3 cubic…

A:

Q: Agnes, a General Manager in XXX Company, estimated a multiplicative demand function of the form:…

A: The given data is as follows:ConstantPrice (P)Income (I)Price of other good (Po)Estimated…

Q: Suppose demand is given by p = 1600 − x. Find the maximum revenue.

A:

Q: A company that conducts bus tours found that when the price was $9.00 per person, the average number…

A: Here, $2 decrease in the price results in 500 increase in the number of customers.