Mathematical Applications for the Management, Life, and Social Sciences
12th Edition
ISBN: 9781337625340
Author: Ronald J. Harshbarger, James J. Reynolds
Publisher: Cengage Learning
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Textbook Question
Chapter 12.4, Problem 12E
In Problems 1-12, cost, revenue, and profit are in dollars and x is the number of units.
The average cost of a product changes at the rate
(b) Find the average cost of 20 units.
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Check out a sample textbook solutionStudents have asked these similar questions
Suppose that the price p (in dollars) of a product is given by the demand function
p =
18,000 − 60x
400 − x
where x represents the quantity demanded and
x < 300.
If the daily demand is decreasing at a rate of 15 units per day, at what rate (in dollars per day) is the price changing when the price per unit is $40?
$ per day
Suppose that the selling price of a company's primary product is 1600−0.3x dollars per unit when x units are sold every week.
(a) Write a formula for the total revenue as a function of x.
R(x)=
dollars per week
(b) Suppose further that the product has fixed costs of 300 dollars and each units costs 0.7x+1420 dollars per unit to produce, where x is the number of units produced every week. Write a formula for the total cost as a function of x.
C(x)=
dollars per week
(c) Find the break-even points. Round each value to at least three decimal places.
The larger quantity at which break-even occurs is
units per week, with corresponding revenue of
dollars per week.
The smaller quantity at which break-even occurs is
units per week, with corresponding revenue of
dollars per week.
(d) Write a formula for the profit function. Recall that profit is the difference between revenue and cost.
Profit:
dollars per week
(e) What price will maximize profit?
Price:
dollars per unit
(6) The demand function for a tablet is given by the model p = 200 - 16x where p is measured
in dollars per tablet and x is measured in millions of tablets. Ifit costs $50 to produce each tablet
and a profit ofS125 million was derive when 2,5 million tablets were produced. Derive the
number of tablets that the company could sell to make the same amount of profit?
Chapter 12 Solutions
Mathematical Applications for the Management, Life, and Social Sciences
Ch. 12.1 - 1. True or false:
(a)
(b)
Ch. 12.1 - Prob. 2CPCh. 12.1 - 1. If what is
Ch. 12.1 - Prob. 2ECh. 12.1 - Prob. 3ECh. 12.1 - Prob. 4ECh. 12.1 - Prob. 5ECh. 12.1 - Evaluate the integrals in Problems 5-28. Check...Ch. 12.1 - Prob. 7ECh. 12.1 - Evaluate the integrals in Problems 5-28. Check...
Ch. 12.1 - Prob. 9ECh. 12.1 - Prob. 10ECh. 12.1 - Prob. 11ECh. 12.1 - Prob. 12ECh. 12.1 - Prob. 13ECh. 12.1 - Prob. 14ECh. 12.1 - Prob. 15ECh. 12.1 - Prob. 16ECh. 12.1 - Prob. 17ECh. 12.1 - Prob. 18ECh. 12.1 - Prob. 19ECh. 12.1 - Evaluate the integrals in Problems 5-28. Check...Ch. 12.1 - Prob. 21ECh. 12.1 - Prob. 22ECh. 12.1 - Prob. 23ECh. 12.1 - Evaluate the integrals in Problems 5-28. Check...Ch. 12.1 - Prob. 25ECh. 12.1 - Prob. 26ECh. 12.1 - Evaluate the integrals in Problems 5-28. Check...Ch. 12.1 - Prob. 28ECh. 12.1 - In Problems 29-32, use algebra to rewrite the...Ch. 12.1 - In Problems 29-32, use algebra to rewrite the...Ch. 12.1 - Prob. 31ECh. 12.1 - In Problems 29-32, use algebra to rewrite the...Ch. 12.1 - Prob. 33ECh. 12.1 - Prob. 34ECh. 12.1 - Prob. 35ECh. 12.1 - Prob. 36ECh. 12.1 - In each of Problems 37-40, a family of functions...Ch. 12.1 - Prob. 38ECh. 12.1 - In each of Problems 37-40, a family of functions...Ch. 12.1 - Prob. 40ECh. 12.1 - Prob. 41ECh. 12.1 - Prob. 42ECh. 12.1 - 43. Revenue If the marginal revenue (in dollars...Ch. 12.1 - Prob. 44ECh. 12.1 - 45. Stimulus-response Suppose that when a sense...Ch. 12.1 - Prob. 46ECh. 12.1 - 47. Pollution A factory is damping pollutants into...Ch. 12.1 - 48. Population growth The rate of growth of the...Ch. 12.1 - 49. Average cost The DeWitt Company has found that...Ch. 12.1 - 50. Oil leakage An oil tanker hits a reef and...Ch. 12.1 - Prob. 51ECh. 12.1 - Prob. 52ECh. 12.1 - Prob. 53ECh. 12.1 - 54. Severe weather ice makers Hail is produced in...Ch. 12.1 - 55. U.S. population With U.S. Census Bureau data...Ch. 12.1 - 56. Consumer prices The consumer price index (CPI)...Ch. 12.2 - 1. Which of the following can be evaluated with...Ch. 12.2 - Prob. 2CPCh. 12.2 - 3. True or false: Constants can be factored...Ch. 12.2 - Prob. 4CPCh. 12.2 - Prob. 1ECh. 12.2 - Prob. 2ECh. 12.2 - Prob. 3ECh. 12.2 - Prob. 4ECh. 12.2 - In each of Problems 5 and 6, one of parts (a) and...Ch. 12.2 - In each of Problems 5 and 6, one of parts (a) and...Ch. 12.2 - Prob. 7ECh. 12.2 - Prob. 8ECh. 12.2 - Prob. 9ECh. 12.2 - Prob. 10ECh. 12.2 - Prob. 11ECh. 12.2 - Prob. 12ECh. 12.2 - Evaluate the integrals in Problems 7-36. Check...Ch. 12.2 - Prob. 14ECh. 12.2 - Prob. 15ECh. 12.2 - Prob. 16ECh. 12.2 - Prob. 17ECh. 12.2 - Prob. 18ECh. 12.2 - Evaluate the integrals in Problems 7-36. Check...Ch. 12.2 - Prob. 20ECh. 12.2 - Evaluate the integrals in Problems 7-36. Check...Ch. 12.2 - Prob. 22ECh. 12.2 - Prob. 23ECh. 12.2 - Prob. 24ECh. 12.2 - Prob. 25ECh. 12.2 - Prob. 26ECh. 12.2 - Prob. 27ECh. 12.2 - Prob. 28ECh. 12.2 - Evaluate the integrals in Problems 7-36. Check...Ch. 12.2 - Evaluate the integrals in Problems 7-36. Check...Ch. 12.2 - Evaluate the integrals in Problems 7-36. Check...Ch. 12.2 - Prob. 32ECh. 12.2 - Prob. 33ECh. 12.2 - Prob. 34ECh. 12.2 - Prob. 35ECh. 12.2 - Evaluate the integrals in Problems 7-36. Check...Ch. 12.2 - Prob. 37ECh. 12.2 - Prob. 38ECh. 12.2 - Prob. 39ECh. 12.2 - Prob. 40ECh. 12.2 - Prob. 41ECh. 12.2 - Prob. 42ECh. 12.2 - Prob. 43ECh. 12.2 - Prob. 44ECh. 12.2 - Prob. 45ECh. 12.2 - Prob. 46ECh. 12.2 - 47. Revenue Suppose that the marginal revenue for...Ch. 12.2 - Prob. 48ECh. 12.2 - 49. Physical productivity The total physical...Ch. 12.2 - 50. Production The rate of production of a new...Ch. 12.2 - 51. Data entry speed The rate of change in data...Ch. 12.2 - Prob. 52ECh. 12.2 - 53. Film attendance An excellent film with a very...Ch. 12.2 - 54. Product quality and advertising An inferior...Ch. 12.2 - 55. Demographics Because of job outsourcing, a...Ch. 12.2 - 56. Franchise growth A new fast-food firm predicts...Ch. 12.3 - 1. True or false:
(a) (b)
(c) (d)
Ch. 12.3 - Prob. 2CPCh. 12.3 - Prob. 3CPCh. 12.3 - Prob. 1ECh. 12.3 - Prob. 2ECh. 12.3 - Evaluate the integrals in Problems 1-32.
3.
Ch. 12.3 - Prob. 4ECh. 12.3 - Evaluate the integrals in Problems 1-32.
Ch. 12.3 - Prob. 6ECh. 12.3 - Prob. 7ECh. 12.3 - Evaluate the integrals in Problems 1-32.
Ch. 12.3 - Evaluate the integrals in Problems 1-32.
9.
Ch. 12.3 - Prob. 10ECh. 12.3 - Prob. 11ECh. 12.3 - Prob. 12ECh. 12.3 - Prob. 13ECh. 12.3 - Prob. 14ECh. 12.3 - Prob. 15ECh. 12.3 - Prob. 16ECh. 12.3 - Prob. 17ECh. 12.3 - Prob. 18ECh. 12.3 - Prob. 19ECh. 12.3 - Prob. 20ECh. 12.3 - Evaluate the integrals in Problems 1-32.
21.
Ch. 12.3 - Prob. 22ECh. 12.3 - Prob. 23ECh. 12.3 - Prob. 24ECh. 12.3 - Prob. 25ECh. 12.3 - Prob. 26ECh. 12.3 - Prob. 27ECh. 12.3 - Prob. 28ECh. 12.3 - Evaluate the integrals in Problems 1-32.
29.
Ch. 12.3 - Prob. 30ECh. 12.3 - Prob. 31ECh. 12.3 - Prob. 32ECh. 12.3 - Prob. 33ECh. 12.3 - Prob. 34ECh. 12.3 - Prob. 35ECh. 12.3 - Prob. 36ECh. 12.3 - Prob. 37ECh. 12.3 - Prob. 38ECh. 12.3 - In Problems 37-40, a family of functions is given...Ch. 12.3 - Prob. 40ECh. 12.3 - Prob. 41ECh. 12.3 - Prob. 42ECh. 12.3 - 43. Revenue Suppose that the marginal revenue from...Ch. 12.3 - Prob. 44ECh. 12.3 - Prob. 45ECh. 12.3 - 46. Radioactive decay Radioactive substances decay...Ch. 12.3 - 47. Memorization The rate of vocabulary...Ch. 12.3 - Prob. 48ECh. 12.3 - 49. Compound interest If $P is invested for n...Ch. 12.3 - 50. Temperature changes When an object is moved...Ch. 12.3 - Prob. 56ECh. 12.4 - 1. True or false:
(a) If , then the constant of...Ch. 12.4 - Prob. 2CPCh. 12.4 - Prob. 3CPCh. 12.4 - Prob. 4CPCh. 12.4 - Prob. 1ECh. 12.4 - Prob. 2ECh. 12.4 - Prob. 3ECh. 12.4 - Prob. 4ECh. 12.4 - Prob. 5ECh. 12.4 - Prob. 6ECh. 12.4 - In Problems 1-12, cost, revenue, and profit are in...Ch. 12.4 - In Problems 1-12, cost, revenue, and profit are in...Ch. 12.4 - Prob. 9ECh. 12.4 - Prob. 10ECh. 12.4 - In Problems 1-12, cost, revenue, and profit are in...Ch. 12.4 - In Problems 1-12, cost, revenue, and profit are in...Ch. 12.4 - 14. Suppose that the marginal cost for a certain...Ch. 12.4 - 14. Suppose that the marginal cost for a certain...Ch. 12.4 - 15. If national consumption is $7 billion when...Ch. 12.4 - Prob. 16ECh. 12.4 - Prob. 17ECh. 12.4 - Prob. 18ECh. 12.4 - Prob. 19ECh. 12.4 - Prob. 20ECh. 12.4 - 21. Suppose that the marginal propensity to...Ch. 12.4 - Prob. 22ECh. 12.4 - Prob. 23ECh. 12.4 - Prob. 24ECh. 12.4 - Prob. 25ECh. 12.4 - Prob. 26ECh. 12.4 - Prob. 27ECh. 12.4 - Prob. 28ECh. 12.4 - Prob. 29ECh. 12.5 - Prob. 1CPCh. 12.5 - Prob. 2CPCh. 12.5 - Prob. 3CPCh. 12.5 - Prob. 1ECh. 12.5 - Prob. 2ECh. 12.5 - Prob. 3ECh. 12.5 - Prob. 4ECh. 12.5 - Prob. 5ECh. 12.5 - Prob. 6ECh. 12.5 - Prob. 7ECh. 12.5 - Prob. 8ECh. 12.5 - Prob. 9ECh. 12.5 - Prob. 10ECh. 12.5 - Prob. 11ECh. 12.5 - Prob. 12ECh. 12.5 - Prob. 13ECh. 12.5 - Prob. 14ECh. 12.5 - Prob. 15ECh. 12.5 - Prob. 16ECh. 12.5 - Prob. 17ECh. 12.5 - Prob. 18ECh. 12.5 - Prob. 19ECh. 12.5 - Prob. 20ECh. 12.5 - Prob. 21ECh. 12.5 - Prob. 22ECh. 12.5 - Prob. 23ECh. 12.5 - Prob. 24ECh. 12.5 - Prob. 25ECh. 12.5 - Prob. 26ECh. 12.5 - Prob. 27ECh. 12.5 - Prob. 28ECh. 12.5 - Prob. 29ECh. 12.5 - Prob. 30ECh. 12.5 - In Problems 29-36, find the particular solution to...Ch. 12.5 - Prob. 32ECh. 12.5 - Prob. 33ECh. 12.5 - Prob. 34ECh. 12.5 - Prob. 35ECh. 12.5 - Prob. 36ECh. 12.5 - Prob. 37ECh. 12.5 - Prob. 38ECh. 12.5 - Prob. 39ECh. 12.5 - Prob. 40ECh. 12.5 - 41. Investing When the interest on an investment...Ch. 12.5 - Prob. 42ECh. 12.5 - 43. Bacterial growth Suppose that the growth of a...Ch. 12.5 - Prob. 44ECh. 12.5 - 46. Sales and pricing Suppose that a chain of auto...Ch. 12.5 - Prob. 46ECh. 12.5 - Prob. 47ECh. 12.5 - 48. Radioactive decay A certain radioactive...Ch. 12.5 - Prob. 49ECh. 12.5 - Prob. 50ECh. 12.5 - 51. Drug in an organ Suppose that a liquid carries...Ch. 12.5 - Prob. 52ECh. 12.5 - Prob. 53ECh. 12.5 - Prob. 54ECh. 12.5 - Prob. 55ECh. 12.5 - Prob. 56ECh. 12.5 - Prob. 57ECh. 12.5 - Prob. 58ECh. 12 - Evaluate the integrals in Problems 1-26.
Ch. 12 - Prob. 2RECh. 12 - Prob. 3RECh. 12 - Prob. 4RECh. 12 - Prob. 5RECh. 12 - Prob. 6RECh. 12 - Prob. 7RECh. 12 - Prob. 8RECh. 12 - Prob. 9RECh. 12 - Prob. 10RECh. 12 - Prob. 11RECh. 12 - Prob. 12RECh. 12 - Prob. 13RECh. 12 - Prob. 14RECh. 12 - Prob. 15RECh. 12 - Prob. 16RECh. 12 - Prob. 17RECh. 12 - Prob. 18RECh. 12 - Prob. 19RECh. 12 - Prob. 20RECh. 12 - Prob. 21RECh. 12 - Prob. 22RECh. 12 - Prob. 23RECh. 12 - Prob. 24RECh. 12 - Prob. 25RECh. 12 - Evaluate the integrals in Problems 1-26.
26. (a) ...Ch. 12 - Prob. 27RECh. 12 - Prob. 28RECh. 12 - Prob. 29RECh. 12 - Prob. 30RECh. 12 - Prob. 31RECh. 12 - Prob. 32RECh. 12 - Prob. 33RECh. 12 - Prob. 34RECh. 12 - Prob. 35RECh. 12 - Prob. 36RECh. 12 - 37. Oxygen levels in water The rate of change of...Ch. 12 - Prob. 38RECh. 12 - Prob. 39RECh. 12 - Prob. 40RECh. 12 - 41. Cost The marginal cost for a product is
...Ch. 12 - Prob. 42RECh. 12 - Prob. 43RECh. 12 - Prob. 44RECh. 12 - Prob. 45RECh. 12 - Prob. 46RECh. 12 - 47. Fossil dating Radioactive beryllium is...Ch. 12 - Prob. 48RECh. 12 - Prob. 49RECh. 12 - Prob. 1TCh. 12 - Evaluate the integrals in Problems 1-11.
Ch. 12 - Prob. 3TCh. 12 - Prob. 4TCh. 12 - Prob. 5TCh. 12 - Prob. 6TCh. 12 - Prob. 7TCh. 12 - Prob. 8TCh. 12 - Prob. 9TCh. 12 - Prob. 10TCh. 12 - Prob. 11TCh. 12 - Prob. 12TCh. 12 - Prob. 13TCh. 12 - Prob. 14TCh. 12 - Prob. 15TCh. 12 - Prob. 16TCh. 12 - Prob. 17TCh. 12 - Prob. 18TCh. 12 - Prob. 19TCh. 12 - Prob. 20TCh. 12 - Prob. 21TCh. 12 - Prob. 22T
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