given the weekly demand curve of a local wine producer is p= 50-0.1q, and that the total cost function is c= 1500+ 10q, where q bottles are produced each day and sold at a price of $p per unit. a)Express the weekly profit as a function of price.b) at what price must a bottle of wine be sold to realise maximum profit. c) what is the maximum profit that ca be made by the producer

Answers

Answer 1

Answer:

a)the weekly profit as a function of price is[tex]P=-10 p^2 + 600 p - 6500[/tex]

b) a bottle of wine be sold at $30 to realise maximum profit

c) the maximum profit that can be made by the producer is $2500

Step-by-step explanation:

The weekly demand curve of a local wine producer is p= 50-0.1q

p = price

q = quantity

Revenue function R =Price \times Quantity

R=(50-0.1q)q

[tex]R=50q-0.1q^2[/tex]

Cost function: c= 1500+ 10q

Profit function=R(x)-C(x)

Profit function= [tex]50q-0.1q^2-1500-10q[/tex]

Profit function= [tex]40q-0.1q^2-1500[/tex]   ----1

We have q = 500 - 10 p using p = 50 − 0.1q

[tex]P=-0.1 (500 - 10 p)^2 + 40 (500 - 10 p)- 1500\\P= -10 p^2 + 600 p - 6500[/tex]

General quadratic equation:[tex]ax^2+bx+c=0[/tex]

On comparing

a = -0.1 , b = 40 , c = -1500

Maximum Profit is at q = [tex]\frac{-b}{2a}=\frac{-40}{2(-0.1)}=200[/tex]

To find price must a bottle of wine be sold to realise maximum profit

p= 50-0.1q

p= 50-0.1(200)=30

Substitute the value of q in profit function(1) get the maximum profit

So, Profit function= [tex]40\left(200\right)-0.1\left(200\right)^{2}-1500=2500[/tex]

Hence

a)the weekly profit as a function of price is[tex]P=-10 p^2 + 600 p - 6500[/tex]

b) a bottle of wine be sold at $30 to realise maximum profit

c) the maximum profit that can be made by the producer is $2500


Related Questions

On Monday morning Sergio Pappas had $14.78 in cash. During the week he earned $45.00 for cutting lawns and $35.75 for yard work, and he spent $25.23 on food and $22.12 on gas.

# Problem Solution
a. What were Sergio’s total earnings for the week?
b. What total amount did he have to spend during the week?
c. What was his balance at the end of the week?

Answers

Answer:

A- 95.53 $         B- 47.35 $     C- 48.18 $

Step-by-step explanation:

45.00+35.75=80.75 (The money Sergio Pappas earned by working.) 80.75+14.78=95.53 (Sergio Pappas money earned by working + initial money.)25.23+22.12=47.35 (Total money lost by Sergio Pappas.)95.53-47.35=48.18 (Total money left by Sergio Pappas over the weekend.)

I tried to explain and help as best I could. I hope you understand. Good luck!

Answer:

A- 95.53 $         B- 47.35 $     C- 48.18 $

Step-by-step explanation:

What is (1x2)+85+2.86 divided by 8?

show work

Answers

Answer:

89.86

Step-by-step explanation:

1 x 2 = 2

2 + 85 = 87

87 + 2.86 =

89.86

lev buys a drink of $3.05 and a slice of a pizza for $5.40 he now has $12.37 let how much money did teddy have to begin with

Answers

Answer:

12.37 + 5.40 + 3.05 = $20.82

Determine the y-intercept of the following parabola:
y = 3x2 - 12x - 5

Answers

Answer:

-5

Step-by-step explanation:

Find the y-intercept by plugging in x = 0:

  y = 3x^2 - 12x - 5

  y = 3(0^2) - 12(0) - 5

  y = 0 - 0 - 5

  y = -5

(0, -5)

Find the result when 90 is decreased by 85%.

Answers

Answer:

13.5

Step-by-step explanation:

100 - 85 = 15

90 x 0.15 = 13.5

write the next three terms of the sequence.

Answers

Answer:

25, 34, 43

Step-by-step explanation:

-11 + x = -2, -11 + 9 = -2                -2 + x = 7, -2 + 9 = 7,  7 + 9 = 16                             -2 - x = -11, -2 - 9 = -11                   7 - x = - 2,                                                               2 + x = 11,  11 - 2 = 9, 9 = x            7 - 7 = 0 - 2 = -2,   7 + 2 = 9,    7 - 9 = -2    

16 + 9 = 25,   25 + 9 = 34,   34 + 9 = 43              

J'espère que cela pourra aider : )                                                    

   

In last weekend's track meet, Lakeland High School had 30 individual-
event placers score a total of 111 points. First-place finishers score 7 points, second-place finishers score 4 points, and third-place finishers score
1 point. The number of first- and second-place finishers was twice the
number of third-place finishers. Find the number of runners that finished in
each place.

Answers

Answer:

The number of runners that finished in first place , second place and third place are 7 , 13 and 10 respectively.

Step-by-step explanation:

Let the no. of runners fished at first place be x

Let the no. of runners fished at second place be y

Let the no. of runners fished at third place be z

We are given that Lakeland High School had 30 individual-  event placers

So, x+y+z=30 -----1

First-place finishers score 7 points

So, Total score of x runners = 7x

Second-place finishers score 4 points

So, total score of y runners = 4y

Third-place finishers score  1 point.

So, total score of z runners = z

We are given that 30 individual-  event placers score a total of 111 points

So, 7x+4y+z=111 ----2

We are also given that  The number of first- and second-place finishers was twice the  number of third-place finishers.

x+y=2z ---3

Substitute the value from 3 in 1

x+y+z=30

2z+z=30

z=10

Substitute the value of z in 1 and 2

x+y=20 ----4 and 7x+4y=101 ---5

Substitute the value of x from 4 in 5

7(20-y)+4y=101

140-7y+4y=101

140-3y=101

39=3y

`13=y

Substitute the value of y and z in 1

x+13+10=30    

x=7

Hence the number of runners that finished in first place , second place and third place are 7 , 13 and 10 respectively.

y=x/2+5 what is the slope of the equation?

Answers

Answer:

1/2

Step-by-step explanation:

the equation of a function/line is y=mx+b where

b is the y intercept

x is the slope

y=x/2+5 is the same as y=1/2x+5

Martina begins a five at sea level. She dives down 20 feet, and then rises 7 feet. She dives again, going down 9 more feet. How far below sea level is Martina?

Answers

Answer:

22 feet below

Step-by-step explanation:

Total down 20+9=29Total up =7Net = 29-7=22feet

kenji buys 3 yards of fabric for $7.47. Then he realizes he need 2 more yards, How much will the extra fabric cost?

Answers

$4.98

7.47 divided by 3 (to get the individual cost) is 2.49
Multiply 2.49 by 2 to get the total cost of the extra fabric

help please !!!!!!!

Answers

Answer:

2x^2=80

Step-by-step explanation:

If gallon of paint covers of a wall, then how much paint is needed to cover the entire wall?

Answers

Answer:

4 gallons will be needed to paint an entire room

(Help me with this test question) Lines l and m are intersected by transversal t and l || m. Lines l and m are vertical with l to the left of m. Transversal t intersects them both slanting down and right. The angles formed above t with l and m from left to right are angles 1, 3, 5, and 7. The angles formed below t with l and m from left to right are angles 2, 4, 6, and 8. Select all the angles that are supplementary to ∠1. Group of answer choices ∠3 ∠4 ∠6 ∠5 ∠7 ∠8

Answers

Answer:

∠6 and ∠7

Step-by-step explanation:

To be complementary, they both in total have to sum 180°, and that mean that they have to form a com pleat and straight line. ;)

The supplementary angles of angle 1 are angles 2 and 3.

Two Angles are Supplementary when they add up to 180 degrees.

      From given figure,

It is observed that sum of angles 1 and 2 is equal to 180 degrees.The sum of angles 1 and 3 is equals to 180 degrees.

                   [tex]\angle1 +\angle2=180\\\\\angle1 +\angle3=180\\[/tex]

Thus , the supplementary angles of angle 1 are angles 2 and 3.

Find out more information about the supplementary angles here:

https://brainly.com/question/12919120

there are 454 grams in a pound there are 16 ounces in a pound how many grams are in a ounce

Answers

Answer:

28.3495

Step-by-step explanation:

Answer:

28.3495 or 28 grams

Step-by-step explanation:

I looked it up.

Solve the following inequality algebraically.

| x-8 | > 4

Answers

Answer:

x>12

This is the answer

HELP ME HELP ME PLEASEEE
!!!!!!!!!

Answers

Answer:

I belive so it is

The slope: 3/2

The y-intercept: (0,9)

Step-by-step explanation:

Yea there correct I check online

Which expression is equal to (x/2) (x+2/3)

Answers

Answer:

If is in that form (the blue part ) ,then the answer is that one

PLEASE HELP!! What is it? Disagree or agreee

Answers

Answer:

i would disagree

Answer:

I would agree

Step-by-step explanation:

[PLEASE ANSWER ASAP, ON TIME LIMIT!] The pH level of a substance can be determined by the formula pH = –log[H+], where [H+] is the hydrogen ion concentration in moles per liter. An alkaline substance has a pH level between 7 and 14. Which ion concentration corresponds to an alkaline substance?
Answer choices in picture.

Answers

Answer:

Option (2)

Step-by-step explanation:

pH level of a substance is determined by the formula,

pH = - log[H+}

where [H+] is the hydrogen ion concentration

Let the [H+] ion concentration = a

a = -log[H+]

log[H+] = -a

[H+] = 1 × [tex]10^{-a}[/tex]

Here 'a' is between 7 and 14.

Which means an alkaline substance must have the concentration between [tex]1\times 10^{-7}[/tex] to  [tex]1\times 10^{-14}[/tex].

From the given options, [tex]5\times 10^{-12}[/tex] moles per liter lies in the given range.

Therefore, Option (2) will be the answer.

Answer:

B

Step-by-step explanation:

Edg2020

3. During one day in a hardware store, 37 people came in and made a purchase, and 13 people
looked around but didn't purchase anything. Express the following in ratios:
a. Purchasers to nonpurchasers
b. Nonpurchasers to purchasers
c. Purchasers to total customers
d. Nonpurchasers to total customers

Answers

Answer:

i think the answer is A

Step-by-step explanation:

It’s A the correct answer

Which of the following are true statements about any regular polygon? Check all that apply.​

Answers

Answer:

A regular polygon has these characteristics:

3 or more sidesClosed shape

A polygon can not have one or two sides because that would be a line. It must have more than three sides, or else it is not a polygon.

A polygon is always a closed shape - it can not be an open shape or else it would not be a polygon, it would be considered an outline.

Hope this helps you!

Answer:

the picture below should help

Given these processes: 1. cartilage ossification 2. bony callus formation 3. hematoma formation 4. fibrocartilaginous callus formation 5. remodeIing of woven (spongy) bone into compact bone Which sequence best represents the order in which the processes occur during repair of a fracture?

Answers

Answer:

The sequence that best represents the order during repaid of a fracture as as

follows

3. hematoma formation

4. fibrocartilaginous callus formation

2. bony callus formation

1. cartilage ossification

5. remodeling of woven (spongy) bone into compact bone

Step-by-step explanation:

When a bone is fractured, the first step following a bone fracture is hematoma formation.

Hematoma formation is formed when a little blood escapes from the blood vessels and remains in the skin's thickness, creating a blue spot. The hematoma is an effusion of blood that occurs deeper under the skin.

From there, the formation of tissues begins from end to end of the broken bones. It is a reorganization of the bone tissue (the bone itself), allowing the consolidation of a fractured bone. This bone formation welds the two parts of the broken bone together for a particular period depending on the patient's bone tissue condition. This bone callus will form in two episodes.

1) There first appears a fibrocartilaginous callus, also called connective callus, which allows the fracture to heal in a few weeks. It is an immature bone.

2) In a second step, this immature bone is gradually replaced by another bone (calcified/bony) resembling the bone which has been fractured.

From there, the ossification of the callus occurs where the bony callus is further replaced by woven spongy bones to form a stronger stabilizing collar.

Finally, the remodeling of woven (spongy) bone into compact bone takes place. Lamellar bones are replacing these woven spongy bones.

NEED HELP ASAP
The figure is reflected across line m and then reflected across line n. What is the resulting transformation?

reflection

glide reflection

rotation

translation

Answers

Answer:

A.)

Step-by-step explanation:

Answer:

i think translation

Step-by-step explanation:

or matbe reflection

Simplify 5 square root -48^14

Answers

Answer:

20b^7 sqrt(-3)

7. There are 40 boys in 7th grade. The number of girls in 7th grade is 30. Carly says
that means the ratio of the number of boys in 7th grade to the number of girls in 7th
grade is 4:7. Is Carly correct? Explain. If not, what is the correct answer?
HELP ASAPP THANKS

Answers

Answer:

I'm pretty sure Carly isn't correct.

Step-by-step explanation:

If I'm not mistaken, the ratio would be 4:3....

If I'm wrong, go ahead, sue me.

What is the factors of 18

Answers

Answer: 1,2,3,6,9,18

Alice is making a gold necklace. The length of the chain is
30 inches. She adds a 0.31-inch clasp to the end of the
chain. What is the total length of the completed necklace?

Answers

Answer:

30.31 inches.

Step-by-step explanation:

I NEED HELP PLEASE!!!

Answers

Answer:

13 seconds

Step-by-step explanation:

Since distance is directly proportional to time,

distance = time * a constant

Lets make A the constant

So, 54 = 9A

A = 6

Now, since distance = 78,

78 = time * A

From above, we can see that A = 6, so

78 = time *6

time = 13

Answer:

13

Step-by-step explanation:

54/9=6, 6 is the rate at which the car travels. 78/6 is 13 so that is how far the car traveled

Write the linear equation between the points: (-4, 5) and (0, -2)
a
b
y=7/4x+2
y=-7/4x-2
y=-4/7x-2
y=4/7x-2
C С
d

Answers

Answer:

Hey there!

Slope: 7-3/1-(-1), which is equal to 4/2, or 2.

Point slope: y-7=2(x-1)

So choice B is correct.

Step-by-step explanation:

Help please! Please!

Answers

2) y = x - 5
3) y = x + 3
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