(a) To plot: The graph of the profit as a function of the number of widgets manufactured in a week.

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Answer 1

Question

Chapter 6.3, Problem 12E

To determine

(a)

To plot:

The graph of the profit as a function of the number of widgets manufactured in a week.

To determine

(b)

The marginal profit if the firm produces 10 widgets in a week, and meaning in practical terms.

To determine

(c)

The marginal profit if the firm produces 15 widgets in a week and meaning in practical terms.

To determine

(d)

To find:

Number of widgets to be produced in a week to maximize profit.

To determine

(e)

The marginal profit at the production level found in part (d).

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2. A microwave manufacturing firm has determined that their profit function is P(x)=-0.0014x+0.3x²+6x-355 , where is the number of microwaves sold annually. a. Graph the profit function using a calculator. b. Determine a reasonable viewing window for the function. c. Approximate all of the zeros of the function using the CALC menu of your calculator. d. What must be the range of microwaves sold in order for the firm to profit?

A clothing manufacturer's profitability can be modeled by p (x)=-x4 + 40x² - 144, where .x is the number of items sold in thousands and p (x) is the company's profit in thousands of dollars. a. Sketch the function on your calculator and describe the end behavior. b. Determine the zeros of the function. c. Between what two values should the company sell in order to be profitable? d. Explain why only two of the zeros are considered in part c.

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Answer 2

Question

Chapter 6.3, Problem 12E

To determine

(a)

To plot:

The graph of the profit as a function of the number of widgets manufactured in a week.

To determine

(b)

The marginal profit if the firm produces 10 widgets in a week, and meaning in practical terms.

To determine

(c)

The marginal profit if the firm produces 15 widgets in a week and meaning in practical terms.

To determine

(d)

To find:

Number of widgets to be produced in a week to maximize profit.

To determine

(e)

The marginal profit at the production level found in part (d).

Expert Solution & Answer

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Answer 3

Question

Chapter 6.3, Problem 12E

To determine

(a)

To plot:

The graph of the profit as a function of the number of widgets manufactured in a week.

To determine

(b)

The marginal profit if the firm produces 10 widgets in a week, and meaning in practical terms.

To determine

(c)

The marginal profit if the firm produces 15 widgets in a week and meaning in practical terms.

To determine

(d)

To find:

Number of widgets to be produced in a week to maximize profit.

To determine

(e)

The marginal profit at the production level found in part (d).

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 6.3, Problem 12E

To determine

(a)

To plot:

The graph of the profit as a function of the number of widgets manufactured in a week.

To determine

(b)

The marginal profit if the firm produces 10 widgets in a week, and meaning in practical terms.

To determine

(c)

The marginal profit if the firm produces 15 widgets in a week and meaning in practical terms.

To determine

(d)

To find:

Number of widgets to be produced in a week to maximize profit.

To determine

(e)

The marginal profit at the production level found in part (d).

Expert Solution & Answer

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Answer 5

Chapter 6.3, Problem 12E

To determine

(a)

To plot:

The graph of the profit as a function of the number of widgets manufactured in a week.

To determine

(b)

The marginal profit if the firm produces 10 widgets in a week, and meaning in practical terms.

To determine

(c)

The marginal profit if the firm produces 15 widgets in a week and meaning in practical terms.

To determine

(d)

To find:

Number of widgets to be produced in a week to maximize profit.

To determine

(e)

The marginal profit at the production level found in part (d).

Answer 6

Chapter 6.3, Problem 12E

To determine

(a)

To plot:

The graph of the profit as a function of the number of widgets manufactured in a week.

Answer 7

Chapter 6.3, Problem 12E

To determine

(a)

To plot:

The graph of the profit as a function of the number of widgets manufactured in a week.

Answer 8

To determine

(b)

The marginal profit if the firm produces 10 widgets in a week, and meaning in practical terms.

Answer 9

To determine

(b)

The marginal profit if the firm produces 10 widgets in a week, and meaning in practical terms.

Answer 10

To determine

(c)

The marginal profit if the firm produces 15 widgets in a week and meaning in practical terms.

Answer 11

To determine

(c)

The marginal profit if the firm produces 15 widgets in a week and meaning in practical terms.

Answer 12

To determine

(d)

To find:

Number of widgets to be produced in a week to maximize profit.

Answer 13

To determine

(d)

To find:

Number of widgets to be produced in a week to maximize profit.

Answer 14

To determine

(e)

The marginal profit at the production level found in part (d).

Answer 15

To determine

(e)

The marginal profit at the production level found in part (d).

Answer 16

Expert Solution & Answer

Answer 17

Expert Solution & Answer

Answer 18

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Answer 19

(a) To plot: The graph of the profit as a function of the number of widgets manufactured in a week.

Solution Summary: The author explains how to plot the profit as a function of the number of widgets manufactured in the week.

(a)

To plot:

The graph of the profit as a function of the number of widgets manufactured in a week.

(b)

The marginal profit if the firm produces 10 widgets in a week, and meaning in practical terms.

(c)

The marginal profit if the firm produces 15 widgets in a week and meaning in practical terms.

(d)

To find:

Number of widgets to be produced in a week to maximize profit.

(e)

The marginal profit at the production level found in part (d).

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Chapter 6 Solutions

(a) To plot: The graph of the profit as a function of the number of widgets manufactured in a week.

Solution Summary: The author explains how to plot the profit as a function of the number of widgets manufactured in the week.

(a) To plot: The graph of the profit as a function of the number of widgets manufactured in a week.

(b) The marginal profit if the firm produces 10 widgets in a week, and meaning in practical terms.

(c) The marginal profit if the firm produces 15 widgets in a week and meaning in practical terms.

(d) To find: Number of widgets to be produced in a week to maximize profit.

(e) The marginal profit at the production level found in part (d).

Want to see the full answer?

Chapter 6 Solutions

(a)

To plot:

The graph of the profit as a function of the number of widgets manufactured in a week.

(b)

The marginal profit if the firm produces 10 widgets in a week, and meaning in practical terms.

(c)

The marginal profit if the firm produces 15 widgets in a week and meaning in practical terms.

(d)

To find:

Number of widgets to be produced in a week to maximize profit.

(e)

The marginal profit at the production level found in part (d).