iohanetc
2021-03-11
Let's say the widget maker has developed the following table that shows the highest dollar price p. widget where you can sell N widgets. Number N Price p
(a) Find a formula for pin terms of N modeling the data in the table.
(b) Use a formula to express the total monthly revenue R, in dollars, of this manufacturer in month as a function of the number N of widgets produced in a month.
(c) On the basis of the tables in this exercise and using cost,
Gennenzip
Skilled2021-03-12Added 96 answers
As per bartleby guidelines for the more than 3 subparts only first three are to be answered please upload the others separately.
(a) Consider the two points from table (a) as (200 53.00) and (250 52.50). Then, the equation is,
(b) Consider the formula to express the total monthly revenue R, in dollars, of this manufacturer in a month as a function of the number N of widgets produced in a month.
(c) The formula for the monthly profit is,
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