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

Author Question: Suppose a business can sell x gadgets for p = 250 - 0.01x dollars apiece, and it costs the business ... (Read 2351 times)

Charlie

  • Hero Member
  • *****
  • Posts: 640
Suppose a business can sell x gadgets for p = 250 - 0.01x dollars apiece, and it costs the business dollars to produce the x gadgets. Determine the production level and cost per gadget required to maximize profit.
◦ 111 gadgets at $248.89 each
◦ 11,250 gadgets at $137.50 each
◦ 10,000 gadgets at $150.00 each
◦ 13,750 gadgets at $112.50 each


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Charlie on Dec 18, 2021

catron30

  • Sr. Member
  • ****
  • Posts: 297
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 50% of students answer this correctly




Charlie

  • Member
  • Posts: 640
Reply 2 on: Dec 18, 2021
:D TYSM


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

For a complete list of videos, visit our video library