# revenue

1. ### The Marginal Revenue

For the equations below, q is the total number of units produced per day by m employees of a manufacturer, and p is the price per unit at which the q units are sold. Find the marginal-revenue product for the given value of m. q = (500m - m^2)/50, p = -0.3q + 90; m = 70

5. ### Revenue word problem

So the question is: "Sara makes bowls she sells at fairs. She sells 100 bowls at $45 each. She knows that for each$5 increase in price she will sell 8 fewer bowls. What price should Sara charge in order to obtain greatest revenue?" So far the equation I got was: R(x)= (sold units)(price)...

"Sara makes hand turned wooden bowls that she sells at craft fairs. For the large Christmas Craft Market she usually sells 100 bowls at \$45 each. From past experience she knows that for each \$5 increase in the price she will sell 8 fewer bowls. What price should Sara change in order to obtain...
7. ### cost / revenue equations

A small plant manufactures riding lawn mowers. The plant has fixed costs (leases, insurance, and so on) of $44,000 per day and variable costs (labor, materials, and so on) of$1600 per unit where x is the total number of mowers produced and sold each day, and the daily costs and revenue are in...
8. ### Optimization/ Max Revenue.

Suppose you own an apartment building containing 100 units. If you charge $400 per month for each unit, then all units can be rented out. For every$20 increase in monthly rent, you will lose one customer. What monthly rent should you charge to maximize your revenue? Show that the corresponding...
9. ### business calculus finding revenue

The owner of a luxury motor yacht charges $500/person/day if exactly 15 people show up for the cruise. However, if more than 15 people sign everyone's fare is reduced by$3 for each additional passenger. Assume that at least 15 people sign up for the cruise. A) Find the revenue function. B)...
10. ### Need help on maximizing revenue, maximizing profit word problems!!!

Today, my class was assigned 3 problems as extra credit on our upcoming test. Our teacher warned us that they were kind of difficult. We're not allowed to go to any math professors here on campus and I can't seem to find anyone who knows how to do these problems. They are on Maximizing Profit/...
11. ### Function Notation - Revenue of sleeping bags

The relationship between the selling price of a sleeping bag, s dollars, and the revenue at that selling price, r(s) dollars, is represented by the function r(s)=-10s2 + 1500s. Evaluate, interpret and compare r(29.95), r(60.00), r(75.00), r(90.00), and r(130.00). (13 marks) a) r(29.95) =...
12. ### Function Notation - Revenue - know the answer, need to understand question

The relationship between the selling price of a sleeping bag, s dollars, and the revenue at that selling price, r(s) dollars, is represented by the function r(s)=-10s2 + 1500s. Evaluate, interpret and compare r(29.95), r(60.00), r(75.00), r(90.00), and r(130.00). (13 marks) a) r(29.95) =...
13. ### Accounting total revenue

I've been working on hours on this. Does anyone know the formula to finding the total revenue and total expense for each of them? I tried to plug in the numbers of the equation Assets = Liabilities + Stockholder's Equity. Which is really Assets = Liabilities + Common stock + Revenue - Expenses -...
14. ### Maximize Revenue

The price of an item is given by the equation where is the number of items demanded. What should the number of items be to maximize the producers total revenue? Number of items demanded to maximize revenue: ______________________________

18. ### Calculus Question - How to find the marginal revenue?

The marginal revenue function is the differential of the total revenue function. For the total revenue function TR = 500Q + 3Q2 where Q is the quantity produced, find the value of the marginal revenue (MR) when Q equals 71. Give answer to nearest integer value. Can...
19. ### Calculate intervals - cost and revenue function

Cost and revenue function, calculate the intervals where the profit is increasing?C(x) = 0.32x^2 - 0.00004x^3 R(x) = 0.848x^2 - 0.0002x^3 Im lost!!(Thinking)(Thinking)
20. ### Revenue

The Hotel Summerfield has 500 rooms. Currently the hotel is filled . The daily rental is $850 per room. For every$ 16 increase in rent the demand for rooms decreases by 8 rooms. Let x = the number of \$ 16 increases that can be made. What should x be so as to maximize the revenue of...