Business: average revenue, cost, and profit. Given revenue and cost function R ( x ) = 40 x and C ( x ) = 5 x + 100 , R ( x ) find each for the following. Assume C ( x ) are in dollars and x is the number of lamps produced. [ 1 . 6 ] a. The average cost, the average revenue, and the average profit when x lamps are produced and sold b. The rate at which average cost is changing when 9 lamps are produced Average cost is dropping at approximately $ 1.33 per lamp.
Business: average revenue, cost, and profit. Given revenue and cost function R ( x ) = 40 x and C ( x ) = 5 x + 100 , R ( x ) find each for the following. Assume C ( x ) are in dollars and x is the number of lamps produced. [ 1 . 6 ] a. The average cost, the average revenue, and the average profit when x lamps are produced and sold b. The rate at which average cost is changing when 9 lamps are produced Average cost is dropping at approximately $ 1.33 per lamp.
Solution Summary: The author calculates the average cost, average revenue, and average profit when x lamps are produced and sold.
Business: average revenue, cost, and profit. Given revenue and cost function
R
(
x
)
=
40
x
and
C
(
x
)
=
5
x
+
100
,
R
(
x
)
find each for the following. Assume
C
(
x
)
are in dollars and x is the number of lamps produced.
[
1
.
6
]
a. The average cost, the average revenue, and the average profit when x lamps are produced and sold
b. The rate at which average cost is changing when 9 lamps are produced
Average cost is dropping at approximately
$
1.33
per lamp.
Good Day,
Kindly assist me with the following query. Any assistance would be appreciated.
Can u give rough map of any room u can choose cm on top
3. We'd like to know the first time when the population reaches 7000 people. First, graph the
function from part (a) on your calculator or Desmos. In the same window, graph the line y =
7000. Notice that you will need to adjust your window so that you can see values as big as
7000! Investigate the intersection of the two graphs. (This video shows you how to find the
intersection on your calculator, or in Desmos just hover the cursor over the point.) At what
value t> 0 does the line intersect with your exponential function? Round your answer to two
decimal places. (You don't need to show work for this part.) (2 points)
Elementary Statistics: Picturing the World (7th Edition)
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