1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
HACTEHA [7]
3 years ago
5

A company finds that if they price their product at $ 35, they can sell 225 items of it. For every dollar increase in the price,

the number of items sold will decrease by 5.
What is the maximum revenue possible in this situation? (Do not use commas when entering the answer) $


What price will guarantee the maximum revenue? $
Mathematics
1 answer:
Basile [38]3 years ago
8 0

Answer:

Maximum revenue = $8000

The price that will guarantee the maximum revenue is $40

Step-by-step explanation:

Given that:

Price of product = $35

Total sale of items = 225

For every dollar increase in the price, the number of items sold will decrease by 5.

The total cost of item sold = 225 ×35

The total cost of item sold = 7875

If c should be the dollar unit in price increment;

Therefore; the cost function is : [35+c(1)][225-5(c)]

For maximum revenue;

\dfrac{d}{dc}(cost \ function) =0

\dfrac{d}{dc}[[35+c(1)][225-5(c)]]=0

0+225-35× 5 -10c = 0

225 - 175  =10c

50 = 10c

c = 50/10

c = 5

Maximum revenue = [35+c(1)][225-5(c)]

Maximum revenue = [35+5(1)][225-5(5)]

Maximum revenue = (35 + 5)(225-25)

Maximum revenue = (40 )(200)

Maximum revenue = $8000

The price that will guarantee the maximum revenue is :

=(35 +c)

= 35 + 5

= $40

You might be interested in
Did I do this correct???
kondor19780726 [428]
The answer is actually D. Since 2.5 is a side of each tiny block, there is 3 sides that you are going to multiply together. There is 5,2 and 4 because we are multiplying the length,width and side. So the length is 2.5*5=12.5 which was correct. The width is 2.5*4=10 which you had but you crossed it out. Then lastly you are looking for the side of the shape. 2.5*2=5. Now that I have everything I just need to multiply everything together. 12.5*10*5=625 in³. I hope this helped you! 
6 0
2 years ago
Solve the following: 3.12 × 1,000 = _____.
torisob [31]

Answer:

60000000.00

Step-by-step explanation:

hgfgjffhvffjfujcdhbcfvjnbcccdsd

8 0
2 years ago
I need some help on this thx!
Zielflug [23.3K]

Answer:

okay so each cookie costs 1.15 and the equation is (2.80 divided by 7) + 0.75 = c

Step-by-step explanation:

Hope that helps:)

7 0
2 years ago
The equation C=2(3.14)r is the formula that relates the circumference of a circle to the radius. This gives us the ability to ca
DochEvi [55]

Hello from MrBillDoesMath!

Answer:

r = C/6.28


Discussion:

Note that C = 2 * Pi * r is the exact formula. As Pi is approximately 3.14, the given formula, C = 2 (3.14) r, is an approximation.  Solving it for r:


C = 2(3.14) r               =>                as 2 * 3.14 = 6.28

C =  6.28 r                 =>                divide both sides by 6.28

r ( 6.28/6.28) = C/6.28 =>           as 6.28/6.28 = 1

r = C/6.28


Thank you,

MrB

7 0
2 years ago
Help please ASAP !!!!!!
Mashcka [7]
A ∩ B = {2, 4}                [intersection (∩) means the common terms]
7 0
3 years ago
Other questions:
  • Give the equation of the line that is parallel to y=-3x+1 and goes through (-5,-6)
    11·1 answer
  • Alex : Hey Bob, I think this coin is biased; I flipped it a few times and it always lends Tail. I think p, the probability of la
    14·1 answer
  • Find the point on the parabola y^2 = 4x that is closest to the point (2, 8).
    13·1 answer
  • Inverse of the function f(x) =1/9 x+2
    6·1 answer
  • The drama department at Cedarburg High School had 24 students try out for the musical this spring, which is 20% fewer than tried
    11·1 answer
  • Translate the phrase into an algebraic expression: <br> the quotient of a number and three.
    11·1 answer
  • Please answer as soon as possible. Use the graphing tool to graph this system of equations.​
    11·1 answer
  • Which of the following triangle lengths form right triangles? Select all that apply
    9·1 answer
  • Use the function f(x) = −16x2 + 60x + 16 to answer the questions.
    6·1 answer
  • Which of the following is the equation of the circle shown below?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!