Marginal Profit. The profit P (in dollars) from selling x units of a product is given by
P=36,000 + 2048√x – 1/8x^2 , 150 ≤ x ≤ 275.
Find the Marginal profit for each of the following sales.
(a) x =150
(b) x = 175
C(x)=3x+25,000; R(x)=8x; What should be the level of sales in order for the division to realize a 15% profit over the cost of making the product?
If you use the strategy of picking numbers and you use $100 for the price of the TV, why would you multiply $100 x 1.25 INSTEAD OF $100 x .25???
I have the answer to the question. I can’t figure out that part.
THANKS FOR YOUR HELP!!!!!
An airline sells all tickets for a certain route at the same price. If it charges 250 dollars per ticket it sells 5000 tickets. For every 5 dollars the ticket price is reduced, an extra 500 tickets are sold. It costs the airline a hundred dollars to fly a person.
What price will generate the greatest profit for the airline?
lottery sets up a game wherein a player has a chance of collecting $750. The player must choose a 3-digit number and if it matches, the player receives $750 Remember, 000 is a 3-digit number for lottery draws. It costs $1 to play the game.
What is each player’s expected profit (or loss)?
sales per meal $5.50
variable cost per meal $2.50
fixed cost per meal $15000
calculate the profit or loss of serving 15000 meals.
In one work week, a small company showed a profit of $470 for one day and a loss of $48 for each of the other four days. Use multiplication and addition of integers to determine the company’s profit or loss for the week.
I learned it in my Retail Class but I don’t quite remember all of it. I know it all has to do with Wholesale and Retail and add that up or something.
A shopkeeper earns a profit of $1 by selling one pen and incurs a loss of 40 cents per pencil while selling pencils of her old stock.
a)In a particular month she incurs a loss of $5. In this period, she sold 45 pens. How many pencils did she sell in this period?
b)In the next month she earns neither profit nor loss. If she sold 70 pens, how many pencils did she sell?
Calvin Tolbert purchased 400 shares of electronics stock for $27,200. He held the stock for 6 months and sold it at $67.88 per share. Each transaction has a commission of $30 plus $0.03 per share.