Problem 1E: Total cost and revenue are approximated by the functions C = 5000 + 2.4q and R = 4q, both in... Problem 2E Problem 3E: When production is 4500, marginal revenue is 8 per unit and marginal cost is 9.25 per unit. Do you... Problem 4E: Figure 4.83 shows cost and revenue. For what production levels is the profit function positive?... Problem 5E: Figure 4.84 gives cost and revenue. What are fixed costs? What quantity maximizes profit, and what... Problem 6E: Figure 4.85 shows cost and revenue for producing q units. For the production levels in (a)(d), is... Problem 7E: In Exercises 710, give the cost, revenue, and profit functions. An online seller of T-shirts pays... Problem 8E: In Exercises 710, give the cost, revenue, and profit functions. A car wash operator pays 35,000 for... Problem 9E: In Exercises 710, give the cost, revenue, and profit functions. A couple running a house-cleaning... Problem 10E: In Exercises 710, give the cost, revenue, and profit functions. A lemonade stand operator sets up... Problem 11E: The revenue from selling q items is R(q) = 500q q2, and the total cost is C(q) = 150 + 10q. Write a... Problem 12E: Revenue is given by R(q) = 450q and cost is given by C(q) = 10,000 + 3q2. At what quantity is profit... Problem 13E: A company estimates that the total revenue, R, in dollars, received from the sale of q items is R =... Problem 14E: Table 4.2 shows cost, C(q), and revenue, R(q). (a) At approximately what production level, q, is... Problem 15E: Table 4.3 shows marginal cost, MC, and marginal revenue, MR. (a) Use the marginal cost and marginal... Problem 16E: Let C(q) be the total cost of producing a quantity q of a certain product. See Figure 4.86. (a) What... Problem 17E: When production is 2000, marginal revenue is 4 per unit and marginal cost is 3.25 per unit. Do you... Problem 18E: If C(500) = 75 and R(500) = 100, should the quantity produced be increased or decreased from q = 500... Problem 19E: An online seller of knitted sweaters finds that it costs 35 to make her first sweater. Her cost for... Problem 20E: The marginal revenue and marginal cost for a certain item are graphed in Figure 4.87. Do the... Problem 21E: The total cost C(q) of producing q goods is given by: C(q) = 0.01q3 0.6q2 + 13q. (a) What is the... Problem 22E: A company manufactures only one product. The quantity, q, of this product produced per month depends... Problem 23E: An agricultural worker in Uganda is planting clover to increase the number of bees making their home... Problem 24E: If you invest x dollars in a certain project, your return is R(x). You want to choose x to maximize... Problem 25E: Problems 2526 involve the average cost of manufacturing a quantity q of a good, which is defined to... Problem 26E: Problems 2526 involve the average cost of manufacturing a quantity q of a good, which is defined to... Problem 27E Problem 28E Problem 29E Problem 30E: In Problems 3032, explain what is wrong with the statement. If C(100) = 90 and R(100) = 150,... Problem 31E: In Problems 3032, explain what is wrong with the statement. If MC(200) = 10 and MR(200) = 10, the... Problem 32E: In Problems 3032, explain what is wrong with the statement. For the cost, C, and revenue, R, in... Problem 33E: In Problems 3334, give an example of: A quantity, q, in Figure 4.90 where MC MR. Problem 34E: In Problems 3334, give an example of: Cost and revenue curves such that the item can never be sold... Problem 35E: Which is correct? A company generally wants to (a) Maximize revenue (b) Maximize marginal revenue... Problem 36E: Which is correct? A company can increase its profit by increasing production if, at its current... format_list_bulleted