EBK PRECALCULUS W/LIMITS
EBK PRECALCULUS W/LIMITS
3rd Edition
ISBN: 9781285607160
Author: Larson
Publisher: CENGAGE CO
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Question
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Chapter 2.1, Problem 79E

a.

To determine

To find: the revenues when the prices per unit are $20, $25, and $30

a.

Expert Solution
Check Mark

Answer to Problem 79E

The revenue when the prices per unit are $20, $25, and $30 are $14,000,000 , $14,375,000 and $13,500,000 respectively.

Explanation of Solution

Given: The total revenue R earned (in thousands of dollars) from manufacturing handheld video games is given by R(p)=−25p2+1200p , where p is the price per unit (in dollars).

Calculation:

First substitute p=20 in R(p)=−25p2+1200p ,

  R(20)=−25(20)2+1200(20)=−10000+24000=14000

Now substitute p=25 in R(p)=−25p2+1200p ,

  R(25)=−25(25)2+1200(25)=−15625+30000=14375

Now substitute p=30 in R(p)=−25p2+1200p ,

  R(30)=−25(30)2+1200(30)=−22500+36000=13500

Conclusion Since, the function gives the revenue earned in thousands of dollars. So, the revenue when the prices per unit are $20, $25, and $30 are $14,000,000 , $14,375,000 and $13,500,000 respectively.

b.

To determine

To find: the unit price that yields maximum revenue and the maximum revenue.

b.

Expert Solution
Check Mark

Answer to Problem 79E

The unit price that yields the maximum revenue is $24 and the maximum revenue is $14,400,000 .

Explanation of Solution

Given:

The total revenue R earned (in thousands of dollars) from manufacturing handheld video games is given by R(p)=−25p2+1200p , where p is the price per unit (in dollars).

Concept Used:

For the function f(x)=ax2+bx+c with vertex (−b2a,f(−b2a)) ,

When a>0 , f has a minimum at x=−b2a and the minimum value is f(−b2a) .

When a<0 , f has a maximum at x=−b2a and the maximum value is f(−b2a) .

Calculation:

Now compare the given function R(p)=−25p2+1200p with f(x)=ax2+bx+c .

Clearly a=−25<0 and b=1200

So by the above definition, f has a maximum at x=−b2a and the maximum value is f(−b2a) .

So, the unit price that yields the maximum revenue is,

  p=−b2a=−12002×(−25)=$24

And the maximum revenue is:

  R(24)=−25(24)2+1200(24)=−14400+28800=14400

Conclusion:

The unit price that yields the maximum revenue is $24 and the maximum revenue is $14,400,000 .

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Chapter 2.1, Problem 78E
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Chapter 2.1, Problem 80E

Chapter 2 Solutions

EBK PRECALCULUS W/LIMITS

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Prob. 52ECh. 2.6 - Prob. 53ECh. 2.6 - Prob. 54ECh. 2.6 - Prob. 55ECh. 2.6 - Prob. 56ECh. 2.6 - Prob. 57ECh. 2.6 - Prob. 58ECh. 2.6 - Prob. 59ECh. 2.6 - Prob. 60ECh. 2.6 - Prob. 61ECh. 2.6 - Prob. 62ECh. 2.6 - Prob. 63ECh. 2.6 - Prob. 64ECh. 2.6 - Prob. 65ECh. 2.6 - Prob. 66ECh. 2.6 - Prob. 67ECh. 2.6 - Prob. 68ECh. 2.6 - Prob. 69ECh. 2.6 - Prob. 70ECh. 2.6 - Prob. 71ECh. 2.6 - Prob. 72ECh. 2.6 - Prob. 73ECh. 2.6 - Prob. 74ECh. 2.6 - Prob. 75ECh. 2.6 - Prob. 76ECh. 2.6 - Prob. 77ECh. 2.6 - Prob. 78ECh. 2.6 - Prob. 79ECh. 2.6 - Prob. 80ECh. 2.6 - Prob. 81ECh. 2.6 - Prob. 82ECh. 2.7 - Prob. 1ECh. 2.7 - Prob. 2ECh. 2.7 - Prob. 3ECh. 2.7 - Prob. 4ECh. 2.7 - Prob. 5ECh. 2.7 - Prob. 6ECh. 2.7 - Prob. 7ECh. 2.7 - Prob. 8ECh. 2.7 - Prob. 9ECh. 2.7 - Prob. 10ECh. 2.7 - Prob. 11ECh. 2.7 - Prob. 12ECh. 2.7 - Prob. 13ECh. 2.7 - Prob. 14ECh. 2.7 - Prob. 15ECh. 2.7 - Prob. 16ECh. 2.7 - Prob. 17ECh. 2.7 - Prob. 18ECh. 2.7 - Prob. 19ECh. 2.7 - Prob. 20ECh. 2.7 - Prob. 21ECh. 2.7 - Prob. 22ECh. 2.7 - Prob. 23ECh. 2.7 - Prob. 24ECh. 2.7 - Prob. 25ECh. 2.7 - Prob. 26ECh. 2.7 - Prob. 27ECh. 2.7 - Prob. 28ECh. 2.7 - Prob. 29ECh. 2.7 - Prob. 30ECh. 2.7 - Prob. 31ECh. 2.7 - Prob. 32ECh. 2.7 - Prob. 33ECh. 2.7 - Prob. 34ECh. 2.7 - Prob. 35ECh. 2.7 - Prob. 36ECh. 2.7 - Prob. 37ECh. 2.7 - Prob. 38ECh. 2.7 - Prob. 39ECh. 2.7 - Prob. 40ECh. 2.7 - Prob. 41ECh. 2.7 - Prob. 42ECh. 2.7 - Prob. 43ECh. 2.7 - Prob. 44ECh. 2.7 - Prob. 45ECh. 2.7 - Prob. 46ECh. 2.7 - Prob. 47ECh. 2.7 - Prob. 48ECh. 2.7 - Prob. 49ECh. 2.7 - Prob. 50ECh. 2.7 - Prob. 51ECh. 2.7 - Prob. 52ECh. 2.7 - Prob. 53ECh. 2.7 - Prob. 54ECh. 2.7 - Prob. 55ECh. 2.7 - Prob. 56ECh. 2.7 - Prob. 57ECh. 2.7 - Prob. 58ECh. 2.7 - Prob. 59ECh. 2.7 - Prob. 60ECh. 2.7 - Prob. 61ECh. 2.7 - Prob. 62ECh. 2.7 - Prob. 63ECh. 2.7 - Prob. 64ECh. 2.7 - Prob. 65ECh. 2.7 - Prob. 66ECh. 2.7 - Prob. 67ECh. 2.7 - Prob. 68ECh. 2.7 - Prob. 69ECh. 2.7 - Prob. 70ECh. 2.7 - Prob. 71ECh. 2.7 - Prob. 72ECh. 2.7 - Prob. 73ECh. 2.7 - Prob. 74ECh. 2.7 - Prob. 75ECh. 2.7 - Prob. 76ECh. 2.7 - Prob. 77ECh. 2.7 - Prob. 78ECh. 2.7 - Prob. 79ECh. 2.7 - Prob. 80ECh. 2.7 - Prob. 81ECh. 2.7 - Prob. 82ECh. 2.7 - Prob. 83ECh. 2.7 - Prob. 84ECh. 2.7 - Prob. 85ECh. 2.7 - Prob. 86ECh. 2.7 - Prob. 87ECh. 2.7 - Prob. 88ECh. 2.7 - Prob. 89ECh. 2.7 - Prob. 90ECh. 2 - Prob. 1RECh. 2 - Prob. 2RECh. 2 - Prob. 3RECh. 2 - Prob. 4RECh. 2 - Prob. 5RECh. 2 - Prob. 6RECh. 2 - Prob. 7RECh. 2 - Prob. 8RECh. 2 - Prob. 9RECh. 2 - Prob. 10RECh. 2 - Prob. 11RECh. 2 - Prob. 12RECh. 2 - Prob. 13RECh. 2 - Prob. 14RECh. 2 - Prob. 15RECh. 2 - Prob. 16RECh. 2 - Prob. 17RECh. 2 - Prob. 18RECh. 2 - Prob. 19RECh. 2 - Prob. 20RECh. 2 - Prob. 21RECh. 2 - Prob. 22RECh. 2 - Prob. 23RECh. 2 - Prob. 24RECh. 2 - Prob. 25RECh. 2 - Prob. 26RECh. 2 - Prob. 27RECh. 2 - Prob. 28RECh. 2 - Prob. 29RECh. 2 - Prob. 30RECh. 2 - Prob. 31RECh. 2 - Prob. 32RECh. 2 - Prob. 33RECh. 2 - Prob. 34RECh. 2 - Prob. 35RECh. 2 - Prob. 36RECh. 2 - Prob. 37RECh. 2 - Prob. 38RECh. 2 - Prob. 39RECh. 2 - Prob. 40RECh. 2 - Prob. 41RECh. 2 - Prob. 42RECh. 2 - Prob. 43RECh. 2 - Prob. 44RECh. 2 - Prob. 45RECh. 2 - Prob. 46RECh. 2 - Prob. 47RECh. 2 - Prob. 48RECh. 2 - Prob. 49RECh. 2 - Prob. 50RECh. 2 - Prob. 51RECh. 2 - Prob. 52RECh. 2 - Prob. 53RECh. 2 - Prob. 54RECh. 2 - Prob. 55RECh. 2 - Prob. 56RECh. 2 - Prob. 57RECh. 2 - Prob. 58RECh. 2 - Prob. 59RECh. 2 - Prob. 60RECh. 2 - Prob. 61RECh. 2 - Prob. 62RECh. 2 - Prob. 63RECh. 2 - Prob. 64RECh. 2 - Prob. 65RECh. 2 - Prob. 66RECh. 2 - Prob. 1CTCh. 2 - Prob. 2CTCh. 2 - Prob. 3CTCh. 2 - Prob. 4CTCh. 2 - Prob. 5CTCh. 2 - Prob. 6CTCh. 2 - Prob. 7CTCh. 2 - Prob. 8CTCh. 2 - Prob. 9CTCh. 2 - Prob. 10CTCh. 2 - Prob. 11CTCh. 2 - Prob. 12CTCh. 2 - Prob. 13CTCh. 2 - Prob. 14CTCh. 2 - Prob. 15CTCh. 2 - Prob. 16CTCh. 2 - Prob. 17CTCh. 2 - Prob. 18CTCh. 2 - Prob. 1PSCh. 2 - Prob. 2PSCh. 2 - Prob. 3PSCh. 2 - Prob. 4PSCh. 2 - Prob. 5PSCh. 2 - Prob. 6PSCh. 2 - Prob. 7PSCh. 2 - Prob. 8PSCh. 2 - Prob. 9PSCh. 2 - Prob. 10PSCh. 2 - Prob. 11PSCh. 2 - Prob. 12PSCh. 2 - Prob. 13PS
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