please post the other question separately as per chegg's rules..
plz answer a b c The market research department of the Better Baby Buggy Co. predicts that the demand equation...
Two fraternities, Sig Ep and Ep Sig, plan to raise money jointly to benefit homeless people on Long Island. They will sell Yoda vs. Alien T-shirts in the student center, but are not sure how much to charge. Sig Ep treasurer Augustus recalls that they once sold 240 shirts in a week at $5 per shirt, but Ep Sig treasurer Julius has solid research indicating that it is possible to sell 480 per week at $2 per shirt.(a) Based on...
Two fraternities, Sig Ep and Ep Sig, plan to raise money jointly to benefit homeless people on Long Island. They will sell Yoda vs. Alien T-shirts in the student center, but are not sure how much to charge. Sig Ep treasurer Augustus recalls that they once sold 40 shirts in a week at $7 per shirt, but Ep Sig treasurer Julius has solid research indicating that it is possible to sell 240 per week at $2 per shirt. If that...
You have just opened a new nightclub, but are unsure of how high to set the cover charge (entrance fee). One week you charged $16 per guest and averaged 290 guestper night. The next week you charged $20 per guest and averaged 250 guests per night.a. find the linear demand equation showing the number of guests q per night as a function of the cover charge x.b. Find the nightly revenue R as a function of the cover charge x.c....
You have just opened a new nightclub, Russ' Techno Pitstop, but are unsure of how high to set the cover charge (entrance fee). One week you charged $8 per guest and averaged 330 guests per night. The next week you charged $10 per guest and averaged 300 guests per night. (a) Find a linear demand equation showing the number of guests q per night as a function of the cover charge p. q(p)= (b) Find the nightly revenue R as...
You have just opened a new nightclub, Russ' Techno Pitstop, but are unsure of how high to set the cover charge (entrance fee). One week you charged $9 per guest and averaged 160 guests per night. The next week you charged $11 per guest and averaged 140 guests per night. (a) Find a linear demand equation showing the number of guests q per night as a function of the cover charge p.
AmeriBabe manufactures and sells rubber baby buggy bumpers. The price-demand equation is: where p is the price (in dollars) at which z rubber baby buggy bumpers can be sold. a. What is the demand if the price is $2280? The demand isbumpers. p 2600-8x Preview b. The cost to produce x rubber baby buggy bumpers is given by C() 900680 and the new revenue function is R(z)(2600 8a) How many rubber baby buggy bumpers should be manufactured and sold to...
3. Profit maximization using total cost and total revenue curves Suppose Darnell runs a small business that manufactures shirts. Assume that the market for shirts is a competitive market, and the market price i:s $20 per shirt. The following graph shows Darnell's total cost curve Use the blue points (circle symbol) to plot total revenue and the green points (triangle symbol) to plot profit for shirts quantities zero through seven (inclusive) that Darnell produces 200 175 Total Revenue 150 Total...
#4 & 5, work shown. A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. 4) p 400-0.lx and C(x)-25,000+135x Find the weekly revenue function. What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the weekly revenue? a) b) c) Find the weekly profit function. What price should the company charge for the phones, and how many phones...
14) Maximum revenue and profit. A company manufactures and sells x cameras per week weekly price-demand and cost equations are, respectively, (40 points) p=400-0.5x and C(x) =2,000 + 200x . The What price should the company charge for the cameras, and how many cameras should be produced to maximize the weekly revenue? What is the maximum revenue? b) a) What is the maximum weekly profit? How much should the company charge for the cameras and how many cameras should be...
The demand equation for your company's virtual reality video headsets is 2,000 where q is the total number of headsets that your company can sell in a week at a price of p dollars. The total manufacturing and shipping cost amounts to $130 per headset (a) Find the weekly cost, revenue and profit as a function of the demand q for headsets. C(4)- R(q) (b) How many headsets should your company sell to maximize profit? (Give your answer to the...