FUNCTIONS+CHANGE -WEBASSIGN
FUNCTIONS+CHANGE -WEBASSIGN
6th Edition
ISBN: 9780357422496
Author: Crauder
Publisher: CENGAGE L
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Chapter 1.4, Problem 17E

Reminder Round all answers to two decimal places unless otherwise indicated.

More on Revenue This is a continuation of Exercises 15 and 16. In general, the highest price p per unit of an item which a manufacturer can sell N items is not constant, but is rather a function of N . The total revenue R is still the product of p and N , but the formula for R is more complicated when p depends on N . Suppose the manufacturer of widgets in Exercises 15 and Exercises 16 no longer sells widgets for $ 25 each. Rather, the manufacturer has developed the following table showing the highest price p , in dollars, of a widget at which N widgets can be sold.

a. Verify that the formula p = 50 0.01 N where p is the price in dollars, give the same values as those in the table.

N = N u m b e r o f w i d g e t s s o l d p = P r i c e
100 49
200 48
300 47
400 46
500 45

b. Use the formula from part a and the fact that R is the product of p and N to find a formula expressing the total revenue R as a function of N for this widget manufacturer.

c. Express using functional notation the total revenue of this manufacturer if there are 450 weights produced in a month, and then calculate that value.

1 5 .Total Cost The total cost C for a manufacturer during a given time period is a function of the number N of items produced during that period. To determine a formula for the total cost, we need to know the manufacturer’s fixed costs (covering things such as plant maintenance and insurance), as well as the cost for each unit produced, which is called the variable, cost. To find the total cost, we multiply the variable cost by the number of items produced during that period and then add the fixed costs.

Suppose that a manufacturer of widgets has fixed costs of $ 9000 per month and that the variable cost is $ 15 per widget (so it costs $ 15 to produce 1 widget).

a. Use a formula to express the total cost of this manufacturer in a month as a function of the number of widgets produced in a month. Be sure to state the units you use.

b. Express using functional notation the total cost if there are 250 widgets produced in a month, and then calculate that value.

1 6 .Total Revenue and Profit This is a continuation of Exercise 15. The total revenue R for a manufacturer during a given time period is a function of the number N of items produced during that period. To determine a formula for the total revenue, we need to know the selling price per unit of the item. To find the total revenue, we multiply this selling price by the number of items produced.

The profit P for a manufacturer is the total revenue minus the total cost. If this number is positive, then the manufacturer turns a profit, whereas if this number is negative, then the manufacturer has a loss. If the profit is zero, then the manufacturer is at break-even point.

Suppose the manufacturer of widgets in Exercise 15 sells the widgets for $ 25 each .

a. Use a formula to express this manufacturer’s total revenue R in a month as a function of the number of widgets produced in a month. Be sure to state the units you use.

b. Use a formula to express the profit P of this manufacturer as a function of the number of widgets produced in a month. Be sure to state the units you use.

c. Express using functional notation the profit of this manufacturer if there are 250 widgets produced in a month, and then calculate that value.

d. At the production level of 250 widgets per month, does the manufacturer turn a profit or have a loss? What about at the production level of 1000 widgets per month?

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Chapter 1 Solutions

FUNCTIONS+CHANGE -WEBASSIGN

Ch. 1.1 - Reminder Round all answers to two decimal places...Ch. 1.1 - Reminder Round all answers to two decimal places...Ch. 1.1 - Reminder Round all answers to two decimal places...Ch. 1.1 - Reminder Round all answers to two decimal places...Ch. 1.1 - Round all answers to two decimal places unless...Ch. 1.1 - Reminder Round all answers to two decimal places...Ch. 1.1 - Reminder Round all answers to two decimal places...Ch. 1.1 - Prob. 16ECh. 1.1 - Round all answers to two decimal places unless...Ch. 1.1 - Prob. 18ECh. 1.1 - Prob. 19ECh. 1.1 - Prob. 20ECh. 1.1 - Prob. 21ECh. 1.1 - ReminderRound all answers to two decimal places...Ch. 1.1 - ReminderRound all answers to two decimal places...Ch. 1.1 - ReminderRound all answers to two decimal places...Ch. 1.1 - Prob. 25ECh. 1.1 - ReminderRound all answers to two decimal places...Ch. 1.1 - Prob. 27ECh. 1.1 - Prob. 28ECh. 1.1 - Prob. 29ECh. 1.1 - Prob. 30ECh. 1.1 - Reminder Round all answers to two decimal places...Ch. 1.1 - Prob. 32ECh. 1.1 - Prob. 1SBECh. 1.1 - Prob. 2SBECh. 1.1 - Prob. 3SBECh. 1.1 - Prob. 4SBECh. 1.1 - Prob. 5SBECh. 1.1 - Prob. 6SBECh. 1.1 - Evaluating Formulas In Exercises S-1 through S-24,...Ch. 1.1 - Prob. 8SBECh. 1.1 - Prob. 9SBECh. 1.1 - Prob. 10SBECh. 1.1 - Prob. 11SBECh. 1.1 - Prob. 12SBECh. 1.1 - Prob. 13SBECh. 1.1 - Prob. 14SBECh. 1.1 - Prob. 15SBECh. 1.1 - Evaluating Formulas In Exercises S-1 through S-24,...Ch. 1.1 - Prob. 17SBECh. 1.1 - Prob. 18SBECh. 1.1 - Prob. 19SBECh. 1.1 - Prob. 20SBECh. 1.1 - Prob. 21SBECh. 1.1 - Prob. 22SBECh. 1.1 - Prob. 23SBECh. 1.1 - Prob. 24SBECh. 1.1 - Prob. 25SBECh. 1.1 - What Formulas Mean In Exercises S-25 through S-33,...Ch. 1.1 - Prob. 27SBECh. 1.1 - What Formulas Mean In Exercises S-25 through S-33,...Ch. 1.1 - Prob. 29SBECh. 1.1 - Prob. 30SBECh. 1.1 - Prob. 31SBECh. 1.1 - Prob. 32SBECh. 1.1 - What Formulas Mean In Exercises S-25 through S-33,...Ch. 1.2 - TEST YOUR UNDERSTANDING|FOR EXAMPLE 1.3 Use the...Ch. 1.2 - Use the table of values you made in part 4 of the...Ch. 1.2 - Minimum Wage The table below is taken from the...Ch. 1.2 - Mortgage Rates The following table is taken from...Ch. 1.2 - Box Office Hits The table below shows the highest...Ch. 1.2 - Mobile Phone Sales In 2000, mobile handset sales...Ch. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Freight on Class I Railroads According to the...Ch. 1.2 - The American Food Dollar The following table shows...Ch. 1.2 - Gross Domestic Product The following table shows...Ch. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - A Troublesome Snowball One winter afternoon,...Ch. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Prob. 15ECh. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Prob. 23ECh. 1.2 - Round all answers to two decimal places unless...Ch. 1.2 - Round all answers to two decimal places unless...Ch. 1.2 - Prob. 26ECh. 1.2 - Prob. 27ECh. 1.2 - Reminder Round all answers to two decimal places...Ch. 1.2 - Prob. 1SBECh. 1.2 - Prob. 2SBECh. 1.2 - For these exercises, round all estimates to one...Ch. 1.2 - Prob. 4SBECh. 1.2 - For these exercises, round all estimates to one...Ch. 1.2 - Prob. 6SBECh. 1.2 - Prob. 7SBECh. 1.2 - Prob. 8SBECh. 1.2 - Prob. 9SBECh. 1.2 - Prob. 10SBECh. 1.2 - Prob. 11SBECh. 1.2 - Prob. 12SBECh. 1.2 - For these exercises, round all estimates to one...Ch. 1.2 - Prob. 14SBECh. 1.2 - Prob. 15SBECh. 1.2 - Prob. 16SBECh. 1.2 - Prob. 17SBECh. 1.2 - Prob. 18SBECh. 1.2 - Prob. 19SBECh. 1.2 - For these exercises, round all estimates to one...Ch. 1.2 - Prob. 21SBECh. 1.2 - Prob. 22SBECh. 1.2 - Prob. 23SBECh. 1.2 - Prob. 24SBECh. 1.2 - Prob. 25SBECh. 1.2 - Prob. 26SBECh. 1.2 - Prob. 27SBECh. 1.2 - Prob. 28SBECh. 1.2 - For these exercises, round all estimates to one...Ch. 1.2 - For these exercises, round all estimates to one...Ch. 1.2 - When Limiting Values Occur Suppose S(t) represents...Ch. 1.2 - Does a Limiting Value Occur? A rocket ship is...Ch. 1.3 - TEST YOUR UNDERSTANDING | FOR EXAMPLE 1.5 From...Ch. 1.3 - TEST YOUR UNDERSTANDING | FOR EXAMPLE 1.6 Locate a...Ch. 1.3 - Prob. 3TUCh. 1.3 - Prob. 4TUCh. 1.3 - ReminderRound all answers to two decimal places...Ch. 1.3 - ReminderRound all answers to two decimal places...Ch. 1.3 - ReminderRound all answers to two decimal places...Ch. 1.3 - Reminder Round all answers to two decimal places...Ch. 1.3 - Prob. 5ECh. 1.3 - ReminderRound all answers to two decimal places...Ch. 1.3 - ReminderRound all answers to two decimal places...Ch. 1.3 - Prob. 8ECh. 1.3 - Prob. 9ECh. 1.3 - Prob. 10ECh. 1.3 - Prob. 11ECh. 1.3 - Prob. 12ECh. 1.3 - ReminderRound all answers to two decimal places...Ch. 1.3 - Prob. 14ECh. 1.3 - ReminderRound all answers to two decimal places...Ch. 1.3 - ReminderRound all answers to two decimal places...Ch. 1.3 - ReminderRound all answers to two decimal places...Ch. 1.3 - ReminderRound all answers to two decimal places...Ch. 1.3 - Prob. 19ECh. 1.3 - Prob. 20ECh. 1.3 - Prob. 21ECh. 1.3 - ReminderRound all answers to two decimal places...Ch. 1.3 - Prob. 23ECh. 1.3 - ReminderRound all answers to two decimal places...Ch. 1.3 - Prob. 25ECh. 1.3 - Prob. 26ECh. 1.3 - Prob. 27ECh. 1.3 - Reminder Round all answers to two decimal places...Ch. 1.3 - Prob. 29ECh. 1.3 - Prob. 30ECh. 1.3 - Prob. 31ECh. 1.3 - Prob. 1SBECh. 1.3 - Prob. 2SBECh. 1.3 - Prob. 3SBECh. 1.3 - Prob. 4SBECh. 1.3 - Prob. 5SBECh. 1.3 - Prob. 6SBECh. 1.3 - Prob. 7SBECh. 1.3 - Prob. 8SBECh. 1.3 - Prob. 9SBECh. 1.3 - Prob. 10SBECh. 1.3 - Prob. 11SBECh. 1.3 - Prob. 12SBECh. 1.3 - Prob. 13SBECh. 1.3 - Prob. 14SBECh. 1.3 - Prob. 15SBECh. 1.3 - Prob. 16SBECh. 1.3 - Prob. 17SBECh. 1.3 - A Function Given by a Graph The following is the...Ch. 1.3 - Prob. 19SBECh. 1.3 - Prob. 20SBECh. 1.3 - Prob. 21SBECh. 1.3 - Prob. 22SBECh. 1.3 - Prob. 23SBECh. 1.3 - Prob. 24SBECh. 1.3 - Prob. 25SBECh. 1.3 - Prob. 26SBECh. 1.3 - Prob. 27SBECh. 1.3 - Prob. 28SBECh. 1.3 - Prob. 29SBECh. 1.3 - Prob. 30SBECh. 1.3 - Prob. 31SBECh. 1.3 - Prob. 32SBECh. 1.3 - Prob. 33SBECh. 1.3 - Prob. 34SBECh. 1.3 - Prob. 35SBECh. 1.4 - TEST YOUR UNDERSTANDING Suppose we start with 9...Ch. 1.4 - Prob. 2TUCh. 1.4 - Prob. 3TUCh. 1.4 - Prob. 4TUCh. 1.4 - Prob. 1ECh. 1.4 - Prob. 2ECh. 1.4 - Reminder: Round all answer to two decimal places...Ch. 1.4 - Reminder: Round all answer to two decimal places...Ch. 1.4 - 5. United States Population Growth In 1960 the...Ch. 1.4 - Prob. 6ECh. 1.4 - a. Use a formula to express the altitude of a...Ch. 1.4 - Reminder: Round all answer to two decimal places...Ch. 1.4 - Reminder: Round all answer to two decimal places...Ch. 1.4 - Reminder: Round all answer to two decimal places...Ch. 1.4 - Remainder: Round all answer to two decimal places...Ch. 1.4 - m Miles per Gallon The cost of operating a car...Ch. 1.4 - Prob. 13ECh. 1.4 - Continued This is a continuation of Exercise 13....Ch. 1.4 - Reminder: Round all answer to two decimal places...Ch. 1.4 - Reminder Round all answers to two decimal places...Ch. 1.4 - Reminder Round all answers to two decimal places...Ch. 1.4 - Reminder Round all answers to two decimal places...Ch. 1.4 - Reminder Round all answers to two decimal places...Ch. 1.4 - Reminder:-Round all answers to two decimal places...Ch. 1.4 - Reminder Round all answers to two decimal places...Ch. 1.4 - Prob. 22ECh. 1.4 - Prob. 23ECh. 1.4 - ReminderRound all answers to two decimal places...Ch. 1.4 - Reminder:-Round all answers to two decimal places...Ch. 1.4 - Prob. 26ECh. 1.4 - Prob. 27ECh. 1.4 - Hubbles Constant Astronomers believe that the...Ch. 1.4 - Prob. 29ECh. 1.4 - Prob. 30ECh. 1.4 - Prob. 1SBECh. 1.4 - Light It is 93,000,000 miles from the earth to the...Ch. 1.4 - Prob. 3SBECh. 1.4 - Getting a Formula In Exercises S-4 through S-13, a...Ch. 1.4 - Prob. 5SBECh. 1.4 - Getting a Formula In Exercises S-4 through S-13, a...Ch. 1.4 - Getting a Formula In Exercises S-4 through S-13, a...Ch. 1.4 - Prob. 8SBECh. 1.4 - Prob. 9SBECh. 1.4 - Prob. 10SBECh. 1.4 - Prob. 11SBECh. 1.4 - Getting a Formula In Exercises S-4 through S-13, a...Ch. 1.4 - Getting a Formula In Exercises S-4 through S-13, a...Ch. 1.4 - Prob. 14SBECh. 1.4 - Prob. 15SBECh. 1.4 - Prob. 16SBECh. 1.4 - Is it Proportional? In Exercises S-17 through...Ch. 1.4 - Prob. 18SBECh. 1.4 - Prob. 19SBECh. 1.4 - Prob. 20SBECh. 1.4 - Prob. 21SBECh. 1.4 - Is it Proportional? In Exercises S17 through S25,...Ch. 1.4 - Prob. 23SBECh. 1.4 - Prob. 24SBECh. 1.4 - Is it Proportional? In Exercises S17 through S25,...Ch. 1.CR - Prob. 1CRCh. 1.CR - Reminder Round all answers to two decimal places...Ch. 1.CR - Reminder Round all answers to two decimal places...Ch. 1.CR - Reminder Round all answers to two decimal places...Ch. 1.CR - Prob. 5CRCh. 1.CR - Prob. 6CRCh. 1.CR - Reminder Round all answers to two decimal places...Ch. 1.CR - Reminder Round all answers to two decimal places...Ch. 1.CR - Reminder Round all answers to two decimal places...Ch. 1.CR - Round all answers to two decimal places unless...Ch. 1.CR - Prob. 11CRCh. 1.CR - Prob. 12CRCh. 1.CR - Reminder Round all answers to two decimal places...Ch. 1.CR - Prob. 14CRCh. 1.CR - Prob. 15CRCh. 1.CR - Prob. 16CRCh. 1.CR - Reminder Round all answers to two decimal places...Ch. 1.CR - Prob. 18CRCh. 1.FR1 - Prob. 1TUCh. 1.FR1 - Prob. 1ECh. 1.FR1 - Prob. 2ECh. 1.FR1 - Prob. 3ECh. 1.FR1 - Prob. 4ECh. 1.FR1 - Prob. 5ECh. 1.FR1 - Prob. 6ECh. 1.FR1 - Prob. 7ECh. 1.FR1 - Prob. 8ECh. 1.FR1 - Prob. 9ECh. 1.FR1 - Prob. 10ECh. 1.FR1 - Prob. 11ECh. 1.FR1 - Prob. 12ECh. 1.FR1 - Prob. 13ECh. 1.FR2 - Prob. 1TUCh. 1.FR2 - Prob. 2TUCh. 1.FR2 - Prob. 1ECh. 1.FR2 - Prob. 2ECh. 1.FR2 - Prob. 3ECh. 1.FR2 - Prob. 4ECh. 1.FR2 - Prob. 5ECh. 1.FR2 - Prob. 6ECh. 1.FR2 - Prob. 7ECh. 1.FR2 - Prob. 8ECh. 1.FR2 - Prob. 9ECh. 1.FR2 - Prob. 10ECh. 1.FR2 - Prob. 11ECh. 1.FR2 - Prob. 12ECh. 1.FR3 - If f(x)=x+3x1, find f(2).Ch. 1.FR3 - Prob. 2ECh. 1.FR3 - Prob. 3ECh. 1.FR3 - If f(x)=xx2, find f(x2). Hint: Replace x in the...Ch. 1.FR3 - Prob. 5ECh. 1.FR3 - Prob. 6ECh. 1.FR3 - Prob. 7ECh. 1.FR3 - Prob. 8ECh. 1.FR3 - Prob. 9ECh. 1.FR3 - Prob. 10E

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