subject
Business, 05.05.2020 19:17 elijahcarson9015

Hercules Films is deciding on the price of the video release of its film Son of Frankenstein. Its marketing people estimate that at a price of p dollars, it can sell a total of q = 210,000 āˆ’ 15,000p copies. (a) What is the revenue function? R(p)= (b) What price will bring in the greatest revenue? p = dollars Second derivative test: Your answer above is a critical point for the revenue function. To show it is a maximum, calculate the second derivative of the revenue function. R"(p)= Evaluate R"(p) at your critical point. The result is , which means that the revenue is at the critical point, and the critical point is a maximum.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 19:30
How does knowing about supply and demand
Answers: 1
question
Business, 22.06.2019 01:30
Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?
Answers: 1
question
Business, 22.06.2019 08:30
What is the key to success in integrating both lethal and nonlethal activities during planning? including stakeholders once a comprehensive operational approach has been determined knowing the commander's decision making processes and "touch points" including stakeholders from the very beginning of the design and planning process including the liaison officers (lnos) in all the decision points?
Answers: 1
question
Business, 23.06.2019 02:30
Robert just found out that he is going to be unemployed within a month because his factory has invested in a robotic factory line and his skills are no longer needed. this means that robert is . the gdp within country d has begun to decline. as a result of decreased production, thomas lost his job designing cars. this means that thomas is . raquel has just been offered a job, but she has decided not to take it because she feels her skills merit better pay and a better position. this means that raquel is .
Answers: 1
You know the right answer?
Hercules Films is deciding on the price of the video release of its film Son of Frankenstein. Its ma...
Questions
question
Mathematics, 02.12.2020 16:30
question
Physics, 02.12.2020 16:30
question
Health, 02.12.2020 16:30
Questions on the website: 13722360