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A study done for management shows that the revenue, R, in dollars, as a function of number, x, of units produced can be modeled by R(x) = 12x – 0.001×2 while the cost, C, in dollars, can be modeled by C(x) = 5000 + 2x. What will the maximum profit be, in dollars?

My initial impulse is to plug C(x) in for all x values in R(x), get the derivative of R(x) and then set it equal to 0. I’m not sure if this is correct or not though.

Profit is equal to revenue minus cost. Define profit function P(x):

P(x) = R(x) – C(x)

P(x) = 12x – 0.001x^2 – 5000 – 2x

P(x) = -0.001x^2 + 10x – 5000

Differentiate the profit function.

P’(x) = -0.002x + 10

Set equal to zero.

0 = -0.002x + 10

0.002x = 10

x = 5000

Maximum profit occurs with 5000 units sold. What is the value of P(5000)?

P(5000) = -0.001(5000)^2 + 10*5000 – 5000

P(5000) = 20,000

Twenty thousand dollars is the maximum profit. Good luck. =)

I don’t understand why people get pissed off by it-mainly in the local media. The cost of tickets for some schools is more than professional teams’ and when you are at (basketball) Duke, UNC, Kansas, UCLA, Arizona, etc. or USC, Ohio St, Texas, Oklahoma, Michigan, Florida, Bama, Tennessee, Georgia, Miami, FSU (football) you are basically SEMI-PRO to me. You aren’t a pro, but whenever your team is bringing in millions and millions in revenue and your coach is making millions, you are not truly a collegiate team. To me, lower D-1, D-2, Jucos, and NAIA schools are the only real collegiate teams.

the players are 18-22

Is it there a written Law or they randomly deside.
A government emploee desides that you pay 1,000
or 10,000 dolars tax just like that.
When I call them they avoid responsibility, just pass
to onother to deal .

Yes, the written law is the Income Tax Act. CRA employees also use additional information such as Information Circulars, Bulletins, case law, and their own training manuals. Moving expenses do not get approved in all cases, just when the criteria is met.

If you disagree with their (re)assessment, file a Notice of Objection, and provide the rationale as to why you feel the reassessment/adjustment is incorrect.
http://www.cra-arc.gc.ca/E/pbg/tf/t400a/README.html

Here is a link regarding moving expenses. It includes the form, and the IT bulletin that provides further information.

http://www.cra-arc.gc.ca/ebci/cjcm/search/basicSearch?lang=en&basicSearch=moving+expenses

PAT: i’m a """"STUPID MALAY"""", with a DYSLEXIA and SCHIZOPHERNIA mental diseases.

Are you in the US?
If so, there is no such thing.

If not, you’ll get better answers if you say where you are.

New South Wales.

I am having a hard time understanding this. Anyone got an easy to understand website?

I will just give you my two cents worth on the subject at hand. It is as simple as it gets: "match the recognition of revenues with its expenses"

For example, if you sold a piece of land, which has already been paid for. However, you still have to pay the taxes and other costs associated with the sale. Because of some reason, you still have not paid the necessary expenses, but you are supposed to report your quarterly earnings already. Since those associated costs are directly connected to the sale of land, then you should accrue the costs. In short, you match the revenues with the appropriate expenses.

I under withheld in my regular full time job and owe alot in taxes…i have a part time home based business that i spent alot more on than i made, can i use deductions to offset the revenue as well as lower my gross income from my regular job? I read u can only use the deductions up to whatever the revenue was for the home based business?

Yes.
But you have to have detailed records.
If something is shared with the household, like phone, or internet service, or computer, Keep detailed logs.
Same for personal car used for business.
Get the IRS publication on in home office.

Space designated for office should be a room of its own.
deducat rent, heat, elect based on the ratio of Sq feet in office to sq feet in house.

Anything bought for making money and used in the office is deductible:
stamps, paper, toner (if not shared), chairs, shipping material, cost of business checking, safe, all telephone exculsive to business.
Professional magazines keep in office.
Pro rate property tax or rent.

I am trying to find out if income taxes are assessed against the rich ( i.e. top 5%), what will be the impact on income to the federal government.

Your question is garbled. Try again.

The management of a watch company has determined that the daily marginal revenue function associated with producing and selling their travel clocks is given by
R’(x)= -0.009x + 12
where x denotes the number of units produced and sold and R’(x) is measured in dollars/unit. Determine the revenue function R(x) associated with producing and selling these clocks.

Some help with this problem is greatly appreciated.

Integral of the equation is

R(x) = -0.0045x^2 + 12x

A new study out of Yale University confirms what argumentative liberals have long-known: Offering reality-based rebuttals to conservative lies only makes conservatives cling to those lies even harder. In essence, schooling conservatives makes them more stupid. From the Washington Post article on the study, which came out yesterday:

Political scientists Brendan Nyhan and Jason Reifler provided two groups of volunteers with the Bush administration’s prewar claims that Iraq had weapons of mass destruction. One group was given a refutation — the comprehensive 2004 Duelfer report that concluded that Iraq did not have weapons of mass destruction before the United States invaded in 2003. Thirty-four percent of conservatives told only about the Bush administration’s claims thought Iraq had hidden or destroyed its weapons before the U.S. invasion, but 64 percent of conservatives who heard both claim and refutation thought that Iraq really did have the weapons. The refutation, in other words, made the misinformation worse.

A similar "backfire effect" also influenced conservatives told about Bush administration assertions that tax cuts increase federal revenue. One group was offered a refutation by prominent economists that included current and former Bush administration officials. About 35 percent of conservatives told about the Bush claim believed it; 67 percent of those provided with both assertion and refutation believed that tax cuts increase revenue.

In a paper approaching publication, Nyhan, a PhD student at Duke University, and Reifler, at Georgia State University, suggest that Republicans might be especially prone to the backfire effect because conservatives may have more rigid views than liberals: Upon hearing a refutation, conservatives might "argue back" against the refutation in their minds, thereby strengthening their belief in the misinformation. Nyhan and Reifler did not see the same "backfire effect" when liberals were given misinformation and a refutation about the Bush administration’s stance on stem cell research.
MOST OF YOU JUST PROVED THE POINT THE STUDY IS MAKING. Congratulations

I’m certain you haven’t read the report. Because if you had, it stated the evidence of activity of WMD as well as evidence of other UN banned activity existed. That means 35% believed it before they had any proof whatsoever, but once truth of activity was verified by multiple nations, 67% then believed the evidence. Spin, spin, spin little fly.