Answer:
(a)Revenue function,
Marginal Revenue function, R'(x)=580-2x
(b)Fixed cost =900
.
Marginal Cost Function=300+50x
(c)Profit,
(d)x=4
Step-by-step explanation:
<u>Part A
</u>
Price Function
The revenue function

The marginal revenue function

<u>Part B
</u>
<u>(Fixed Cost)</u>
The total cost function of the company is given by 
We expand the expression

Therefore, the fixed cost is 900
.
<u>
Marginal Cost Function</u>
If 
Marginal Cost Function, 
<u>Part C
</u>
<u>Profit Function
</u>
Profit=Revenue -Total cost

<u>
Part D
</u>
To maximize profit, we find the derivative of the profit function, equate it to zero and solve for x.

The number of cakes that maximizes profit is 4.
24 sponge fingers and 420 jelly
Answer:
yes
Step-by-step explanation:
To double the principle the formula is
2p=p e^rt
2=e^rt
2=e^0.12t
Solve for t
T=(log(2)÷log(e))÷0.12
T=5.78 years

Answer: -115 should be added to 18 to get a sum of -97.
Hope this helps. - M