calc

posted by .

A widget factory has fixed costs of 35 billion dollars and variable costs of 781 million dollars per widget. The revenue (in $ billions) from selling x number of widgets is given by the following for x between 0 and 60.

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

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

thanks


Is anybody going to help me with this problem?

A widget factory has fixed costs of 35 billion dollars and variable costs of 781 million dollars per widget. The revenue (in $ billions) from selling x number of widgets is given by the following for x between 0 and 60.

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

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

thanks

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. math

    A widget factory has fixed costs of 35 billion dollars and variable costs of 781 million dollars per widget. The revenue (in $ billions) from selling x number of widgets is given by the following for x between 0 and 60. R(x) = 0.11 …
  2. calc

    Please help me you guys, this is the 3rd time I have posted this question. Is anybody going to help me with this problem?
  3. Calculus (Help)

    Can you please help me with this problem?
  4. Intro to Probability

    Widgets are produced at a certain factory by each of three machines A, B and C. These machines produce 1000, 600 and 400 widgets per day, respectively. The probability that a given widget is defective is 4% for one produced by Machine …
  5. Economics

    Assume the demand for beef is given by Qd = 22 + 0.1 Y – 10Pb + 5 Pc And the supply of beef is given by: Qs = -400 + 500Pb – 200 Pf where Qd denotes quantity of beef demanded, Qs denotes quantity supplied, Pb denotes price, of …
  6. algebra

    the acme widget company has $13,000 available for making widgets. part of the money is spent on an advanced widget-bending machine costing $1,000. the manufacturing cost for each widget is $3. how many widgets can be made with the …
  7. Math

    The revenue R from selling x number of phone widgets is given by , and the cost C of producing those widgets is given by . Find the number of widget it requires to break even.
  8. Financial Apps Algebra

    the fixed costs of producing a wild widget are $34000. the variable costs are $5.00 per widget. what is the average cost per widget of 7000 wild widgets?
  9. accounting

    ABC's Product information Current Product Expansion Product (estimate) Selling Price $14.50 $ Units produced and expected to be sold 80,000 5,000 Machine Hours 40,000 5,000 Direct Materials $1.30 per unit $5.60 per unit Direct labor …
  10. Accounting

    Anheuser-Busch InBev Companies, Inc reported the following operating information for a recent year. In addition assume that Anheuser-Busch InBev sold 200 million barrels of beer during the year. Assume that variable costs were 75% …

More Similar Questions