A community for students.
Here's the question you clicked on:
 0 viewing
IsTim
 4 years ago
A yogurt company estimates that the revenue from selling x containers of yogurt is 4.5x. Its cost, C, in dollars, for producing this # of containers of yogurt is C(s)=0.0001x^2+2x+3200.
What is the selling price of a container of yogurt?
IsTim
 4 years ago
A yogurt company estimates that the revenue from selling x containers of yogurt is 4.5x. Its cost, C, in dollars, for producing this # of containers of yogurt is C(s)=0.0001x^2+2x+3200. What is the selling price of a container of yogurt?

This Question is Closed

IsTim
 4 years ago
Best ResponseYou've already chosen the best response.0This one I have not done the work for. Relates to my previous question.

IsTim
 4 years ago
Best ResponseYou've already chosen the best response.0Seems to relate to revenue formula, which is 4.5x. answer is $4.50. Explanation is the important factor here.

anonymous
 4 years ago
Best ResponseYou've already chosen the best response.0Total revenue is given by the formula, R = P * Q, where R is total revenue, P is price of good and Q is quantity of good sold. So comparing the equation, R = P * Q with the given R = 4.5 x, where x is the quantity of the yogurt sold. x is equivalent to Q, thus 4.5 is the selling price of the yogurt. Hope this explanation is good enough.

anonymous
 4 years ago
Best ResponseYou've already chosen the best response.0@tiaph is correct. They threw the cost formula in just to throw you off, it is an easier question than it looks.
Ask your own question
Sign UpFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.