Sunday

September 21, 2014

September 21, 2014

Posted by **abc** on Monday, February 19, 2007 at 10:01pm.

R(x) = 0.11 (60x - x2)

What is the marginal profit (in $ billions per widget) at production level x = 19 widgets? (Give your answer correct to 3 decimal places.)

$ ____ billion per widget

Write down the cost function C(x) and the revenue function R(x). They have already told you that the R(x) function is

R(x) = 0.11(60 x - x^2)

C(x) = 35 + 0.781 x (in $billions)

The marginal profit is R'(x) - C'(x)

The ' notation denotes a derivative.

R'(x) = 6.6 - 0.22 x

Complete the final steps and substitute x = 19 for the marginal cost of selling one more when x = 19.

**Answer this Question**

**Related Questions**

calc - Please help me you guys, this is the 3rd time I have posted this question...

calc - A widget factory has fixed costs of 35 billion dollars and variable costs...

Calculus (Help) - Can you please help me with this problem? I asked earlier, but...

Financial Apps Algebra - the fixed costs of producing a wild widget are $34000. ...

accounting - ABC's Product information Current Product Expansion Product (...

Intro to Probability - Widgets are produced at a certain factory by each of ...

math - The fixed costs of oreparting a business are the costs include rent, ...

account - Required: JZ is a musician who is considering whether to ...

finance - Based on data from 1999 to 2001, the net sales (revenue) of Gatorade/...

accounting - In addition, assume that Anheuser-Busch InBev sold 200 million ...