This topic contains a solution. Click here to go to the answer

Author Question: A firm is considering a new product. The accounting department estimates that the ... (Read 108 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
Solve the problem.

A firm is considering a new product. The accounting department estimates that the total cost, C(x), of producing x units will be
C(x) = 50x + 6630.
The sales department estimates that the revenue, R(x), from selling x units will be
R(x) = 60x,
but that no more than 881 units can be sold at that price. Find and interpret (R - C)(881).
◦ $103,540 profit, income exceeds cost
It is worth it to develop product.
◦ -$2180 loss, cost exceeds income
It is not worth it to develop product.
◦ $2180 profit, income exceeds cost
It is worth it to develop product.
◦ $1544 profit, income exceeds cost
It is worth it to develop product.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by LaDunn on Feb 28, 2021

gabrielle_lawrence

  • Sr. Member
  • ****
  • Posts: 353
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




LaDunn

  • Member
  • Posts: 526
Reply 2 on: Feb 28, 2021
Excellent


ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Gracias!

 

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

For a complete list of videos, visit our video library