Answer:
The total revenue is
.
The marginal revenue is
.
The fixed cost is $900.
The marginal cost function is
.
Step-by-step explanation:
The Total Revenue (
) received from the sale of
goods at price
is given by

The Marginal Revenue (
) is the derivative of total revenue with respect to demand and is given by

From the information given we know that the price they can sell cakes is given by the function
, where
is the number of cakes sold per day.
So, the total revenue is

And the marginal revenue is

The Fixed Cost (
) is the amount of money you have to spend regardless of how many items you produce.
The Marginal Cost (
) function is the derivative of the cost function and is given by

We know that the total cost function of the company is given by
, which it is equal to

From the total cost function and applying the definition of fixed cost, the fixed cost is $900.
And the marginal cost function is

Answer:
I got the first three but that's all I can do for now I have class as well currently. But for number 7 = 0, 8=15, 9= 71 and yeah best of luck on the last three.
Answer:
40, 41, 42
Step-by-step explanation:
x +x+1+x+2=123
3x+3=123
3x=123-3
3x=120
x=120:3
x=40(the first number
40+1=41 (the second number
40+2=42 (the third number
So mila can do 8 makers in a hour but due to all the the 31 papers she can get done in 4 because 8 times 4 equals 32