# Calculus

posted by .

THe demand funtion is modeled by D(q) = 56e^-0.000012q, where q is quantity and D(q) is price. What price will yield the maximum revenue? Prove this is a maximum using as qppropriate derivative test.

## Similar Questions

1. ### college algebra

Demand Equation: The price p, in dollars, and the quantity x sold of a certain product obey the demand equation x = -5p + 100, 0 (less than or equal to) p (less than or equal to) 20 a.) Express the revenue R as a funtion of x. b.) …
2. ### Algebra 2

Demand for pools. Tropical Pools sells an above ground model for p dollars each. The monthly revenue for this model is given by the formula R (p) = - 0.08p2 + 300p. Revenue is the product of the price p and the demand (quantity sold). …
3. ### Algebra

Demand for pools. Tropical Pools sells an above ground model for p dollars each. The monthly revenue for this model is given by the formula R (p) = - 0.08p2 + 300p. Revenue is the product of the price p and the demand (quantity sold). …
4. ### Microeconomics

The following table indicates the prices various buyers are willing to pay for a Miata sports car: Buyer A Maximum price \$50,000 Buyer B Maximum price \$40,000 Buyer C Maximum price \$30,000 Buyer D Maximum price \$20,000 Buyer E Maximum …
5. ### Microeconomics:

Just needing to know if I have done the work correctly with this problem: For the total revenue and marginal revenue the answers are: Price \$20 Quantity 0 TR 0 MR 0 Price \$18 Quantity 1 TR 18 MR 18 Price \$16 Quantity 2 TR 32 MR 14 …
6. ### college/microeconomics

Just needing to know if I have done the work correctly with this problem: For the total revenue and marginal revenue the answers are: Price \$20 Quantity 0 TR 0 MR 0 Price \$18 Quantity 1 TR 18 MR 18 Price \$16 Quantity 2 TR 32 MR 14 …
7. ### college/microeconomics

The following table indicates the prices various buyers are willing to pay for a Miata sports car: Buyer A Maximum price \$50,000 Buyer B Maximum price \$40,000 Buyer C Maximum price \$30,000 Buyer D Maximum price \$20,000 Buyer E Maximum …
8. ### Economis

I have got an economics questions, and i did my personal revision by tying to work the question. here is the question: using demand and supply analysis, explain the influence of the imposition of a maximum price and a minimum price …
9. ### Managerial Economics

Consider the Linear demand function Q = 20 - 0.5P c- Using calculus, find the level of output, Qrmax, where total revenue reaches its maximum value. What price Prmx maximizes total revenue?
10. ### Calculus

BoxedNGone truck rentals calculates that its price function is p(x)=160-2x,where p is the price (in dollars) at which exactly x trucks will be rented per day. Find the number of trucks that BoxedNGone should rent and the price it should …

More Similar Questions