The monthly revenue R achieved by selling x wristwatches is figured to be R ( x ) = 75 x − 0.2 x 2 . The monthly cost C of selling x wristwatches is C ( x ) = 32 x + 1750 a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

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Answer 1

Question

Chapter 4.3, Problem 93AYU

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

b. Profit is given as $P (x) = R (x) - C (x)$ . What is the profit function?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

c. How many wrist watches must the firm sell to maximize profit? What is the maximum profit?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

d. Provide a reasonable explanation as to why the answers found in parts a and c differ. Explain why a quadratic function is a reasonable model for revenue.

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Answer 2

Question

Chapter 4.3, Problem 93AYU

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

b. Profit is given as $P (x) = R (x) - C (x)$ . What is the profit function?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

c. How many wrist watches must the firm sell to maximize profit? What is the maximum profit?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

d. Provide a reasonable explanation as to why the answers found in parts a and c differ. Explain why a quadratic function is a reasonable model for revenue.

Expert Solution & Answer

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Answer 3

Question

Chapter 4.3, Problem 93AYU

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

b. Profit is given as $P (x) = R (x) - C (x)$ . What is the profit function?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

c. How many wrist watches must the firm sell to maximize profit? What is the maximum profit?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

d. Provide a reasonable explanation as to why the answers found in parts a and c differ. Explain why a quadratic function is a reasonable model for revenue.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 4.3, Problem 93AYU

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

b. Profit is given as $P (x) = R (x) - C (x)$ . What is the profit function?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

c. How many wrist watches must the firm sell to maximize profit? What is the maximum profit?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

d. Provide a reasonable explanation as to why the answers found in parts a and c differ. Explain why a quadratic function is a reasonable model for revenue.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 4.3, Problem 93AYU

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

b. Profit is given as $P (x) = R (x) - C (x)$ . What is the profit function?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

c. How many wrist watches must the firm sell to maximize profit? What is the maximum profit?

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

d. Provide a reasonable explanation as to why the answers found in parts a and c differ. Explain why a quadratic function is a reasonable model for revenue.

Answer 6

Chapter 4.3, Problem 93AYU

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

Answer 7

Chapter 4.3, Problem 93AYU

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

Answer 8

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

b. Profit is given as $P (x) = R (x) - C (x)$ . What is the profit function?

Answer 9

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

b. Profit is given as $P (x) = R (x) - C (x)$ . What is the profit function?

Answer 10

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

c. How many wrist watches must the firm sell to maximize profit? What is the maximum profit?

Answer 11

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

c. How many wrist watches must the firm sell to maximize profit? What is the maximum profit?

Answer 12

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

d. Provide a reasonable explanation as to why the answers found in parts a and c differ. Explain why a quadratic function is a reasonable model for revenue.

Answer 13

To determine

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

d. Provide a reasonable explanation as to why the answers found in parts a and c differ. Explain why a quadratic function is a reasonable model for revenue.

Answer 14

Expert Solution & Answer

Answer 15

Expert Solution & Answer

Answer 16

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Answer 17

Ch. 4.1 - Answers are given at the end of these exercises....Ch. 4.1 - Prob. 2AYU Ch. 4.1 - Prob. 3AYU Ch. 4.1 - Prob. 4AYU Ch. 4.1 - Prob. 5AYU Ch. 4.1 - Prob. 6AYU Ch. 4.1 - Prob. 7AYU Ch. 4.1 - Prob. 8AYU Ch. 4.1 - 9. True or False The slope of a nonvertical line...Ch. 4.1 - Prob. 10AYU

The monthly revenue R achieved by selling x wristwatches is figured to be R ( x ) = 75 x − 0.2 x 2 . The monthly cost C of selling x wristwatches is C ( x ) = 32 x + 1750 a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

Videos

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

b. Profit is given as $P (x) = R (x) - C (x)$ . What is the profit function?

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

c. How many wrist watches must the firm sell to maximize profit? What is the maximum profit?

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Chapter 4 Solutions

The monthly revenue R achieved by selling x wristwatches is figured to be R ( x ) = 75 x − 0.2 x 2 . The monthly cost C of selling x wristwatches is C ( x ) = 32 x + 1750 a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

Videos

To find: The monthly revenue R achieved by selling x wristwatches is figured to be R(x) = 75x − 0.2 x 2 . The monthly cost C of selling x wristwatches is C( x ) = 32x + 1750 a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

To find: The monthly revenue R achieved by selling x wristwatches is figured to be R(x) = 75x − 0.2 x 2 . The monthly cost C of selling x wristwatches is C( x ) = 32x + 1750 b. Profit is given as P( x ) = R( x ) − C( x ) . What is the profit function?

To find: The monthly revenue R achieved by selling x wristwatches is figured to be R(x) = 75x − 0.2 x 2 . The monthly cost C of selling x wristwatches is C( x ) = 32x + 1750 c. How many wrist watches must the firm sell to maximize profit? What is the maximum profit?

Want to see the full answer?

Chapter 4 Solutions

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

a. How many wristwatches must the firm sell to maximize revenue? What is the maximum revenue?

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

b. Profit is given as $P (x) = R (x) - C (x)$ . What is the profit function?

To find: The monthly revenue $R$ achieved by selling $x$ wristwatches is figured to be $R (x) = 75 x - 0.2 x^{2}$ . The monthly cost $C$ of selling $x$ wristwatches is

$C (x) = 32 x + 1750$

c. How many wrist watches must the firm sell to maximize profit? What is the maximum profit?