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Alexxx [7]
3 years ago
14

Profit Suppose that the daily profit (in dollars) from the production and sale of x units of a product is given byP180xx21000200

0At what rate per day is the profit changing when the number of units produced and sold is 100 and is increasing at a rate of 10 units per day
Business
1 answer:
algol133 years ago
7 0

Answer:

The answer is "1798".

Explanation:

\to p=180x-\frac{x^{2}}{1000}-2000

In order to find the rate of profit increase each day, we differentiate between the money demand function and the time t.

\to \frac{dp}{dt}=180\frac{dx}{dt}-\frac{2x}{1000}\frac{dx}{dt} \\\\\to \frac{dp}{dt}=\frac{dx}{dt}\left (180-\frac{2x}{1000} \right ).................(1)

Calculate \frac{dp}{dt} when x=100

\frac{dx}{dt}=10  (Extension rate of produced and delivered units per day)

x=100 \ and\ \frac{dx}{dt}=10 ......... in \ \ eq(1)\\\\\frac{dp}{dt} = 10\left (180-\frac{2(100)}{1000} \right )\\\\  

    =10\left (180-0.2\right ) \\\\=1798 \\\\

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Answer:

Remote enter keys shall be further processed in order to decrease the amount of loss by $11,000.

Explanation:

As in the given case,

Number of units = 500

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In case inventory is further processed

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Revenue per unit = $34,000/500 = $68

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Therefore the inventory shall be processed in order to save the total loss of $153 - $131 = $22 per unit

Total loss saved = $22 \times 500 = $11,000

3 0
3 years ago
Ben Palman owns an art gallery. He accepts paintings and sculpture on consignment and then receives 20% of the price of each pie
Elan Coil [88]

Answer:

1. The cost formula for the gallery's costs for a year would be Total cost=$80,000+$500X

2. The total cost for Ben in a year with 12 opening shows Using the cost formula developed is $86,000

Explanation:

1. According to the given data the cost formula for the gallery's costs for a year would be as follows:

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2. The total cost for Ben in a year with 12 opening shows Using the cost formula developed above would be as follows:

Total cost=$80,000+$500X

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