A community for students.
Here's the question you clicked on:
 0 viewing
anonymous
 3 years ago
the demand function for maria's flower shop can be modeled by p(x) = 20  0.02x, where x is the number of bouquets she makes and sells. the cost function is given by C(x) 10 + 2x + 0.1x^2.
(a) find the # of bouquets she has to make to minimze the average cost of one bouquet.
(b) fnd the values of x and p that maximize the revenue.
(c) find the plastic elasticity for the values of x from part (b)
for part a, i got x = 10, 10 ... where do i go from here. and what would the endpoints be?
anonymous
 3 years ago
the demand function for maria's flower shop can be modeled by p(x) = 20  0.02x, where x is the number of bouquets she makes and sells. the cost function is given by C(x) 10 + 2x + 0.1x^2. (a) find the # of bouquets she has to make to minimze the average cost of one bouquet. (b) fnd the values of x and p that maximize the revenue. (c) find the plastic elasticity for the values of x from part (b) for part a, i got x = 10, 10 ... where do i go from here. and what would the endpoints be?

This Question is Closed

anonymous
 3 years ago
Best ResponseYou've already chosen the best response.0for a, 10 is correct b. p is the price. to calculate revenue, price times product sold so p*x = 10x0.02x^2 and find this maximum c. looking it up

anonymous
 3 years ago
Best ResponseYou've already chosen the best response.0so i would only include 10 for part a, and not 10?

anonymous
 3 years ago
Best ResponseYou've already chosen the best response.0you can't make 10 bouquets

anonymous
 3 years ago
Best ResponseYou've already chosen the best response.0okay haha, yeah that makes sense. thanks!
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.