Supporters of socially responsible businesses claim that by becoming socially responsible, businesses can expect ________. more
2 answers:
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Answer:
They were 10 friend
Explanation:
We can construct the equation system as follows:
we can solve for the number of friend by using subtritution:
we get a quadratic formula we solve for the positive root
f = 10
We know check if the root is correct:
800 / 10 = 80
800 / (10 - 2) = 100
At 1.5 the average total cost is a minimum and the total cost will be 10.25 where the TC = total cost; x = output (in 1,000 units)
<h3>What are maxima and minima?</h3>Maxima and minima of a function are the extremes within the range, in other words, the maximum value of a function at a certain point is called maxima and the minimum value of a function at a certain point is called minima.
We have a total cost function:
TC = x³/3 - x² + 11x
Average total cost:
Differentiating with respect to x and equating to x
d(F(x))/dx = 0
We will get:
x = 1.5
F'(1.5) > 0
At 1.5 the average total cost is a minimum.
Thus, at 1.5 the average total cost is a minimum and the total cost will be 10.25 where the TC = total cost; x = output (in 1,000 units)
Learn more about the maxima and minima here:
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