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Rough Draft of Math135 Project

# Rough Draft of Math135 Project

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My projectfor my Business Calculus class. I want to save it on hear in case I make a mistake. It is in Word 2007. If you want to see it in earlier Word then I would have to convert it and it will be an image. It cannot be edited on earlier versions of word.
My projectfor my Business Calculus class. I want to save it on hear in case I make a mistake. It is in Word 2007. If you want to see it in earlier Word then I would have to convert it and it will be an image. It cannot be edited on earlier versions of word.

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06/14/2009

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I wrote it as if I am speaking to our boss, Mr. Solheid, at CableWorld….Roxanne SilvaVeronica RamirezProfessor SolheidMath 135 MWF 9:00-9:50 amMr. Solheid we have very exciting news! Mayor Milton Gordon of Titanland hasgiven us the opportunity for CableWorld to offer our cable T.V. service to itsresidents! Our company’s researchers and economists have immediately goneto work and have done a comprehensive analysis on our new prospectivemarket available in Titanland.In the following analysis, we utilize a scenario assuming that in Titanland, thereare one hundred homes that are potential customers that would be interestedin buying our service. Out of those one hundred customers, fifty customers livein homes, and the other fifty customers live in apartments. The breakdown consists of:A study combining the demand of both homes andapartments to figure out how many families would be willing to buy acable T.V. hookup if we charge a price
p
per monthA study of revenue
R
(
p
), by multiplying a price perhookup times the number of hookupsA study of costsA study of profitsFor Step 1:We began by studying the demand within the household sector and thedemand within the apartment sector. Then, we combined both demands andinterpreted it through a piece-wise demand function. This demand functionwas utilized in order to look at how our prices would change for every fiftiethapartment and home. A visual representation of the combined demand isshown below: somewhere in this paragraph you might want to display thedemand function Nh(p) (identify it as houses), and the demand function Na(p)(identify it as apartments), then the combined demand function N(p) = Nh(p) +Na(p) (but in the piece-wise form).Space for the graph (remember to title it and label axis) and table of valuesMaybe below the graph you want to point out different aspects of the graph likewhat does it mean if the curve is decreasing, where it begins and ends, whereyou see a significant change if any, (everything in context of the problem, not just throw values without explaining what it means)For Step 2:Next, to compute CableWorld’s potential revenue, we used different values thatwould fall within each range of the combined demand function in order tosubstitute in for price per hookup and for number of hookups. Our economists