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.
Answer:
(3, -7)
Step-by-step explanation:
Answer:
x=-1 hope this helpsss
Step-by-step explanation:
Answer:
t=
Step-by-step explanation:
Multiply both sides by 5/(-6).
*=*9
ik the doesnt rlly make any sense but hope this helps
Answer:
C (-2,1)
Step-by-step explanation:
−2x − y = 3 (1)
−9x − y = 17 (2)
(1) y = -2x - 3
(2) y = -9x - 17
-2x - 3 = -9x - 17
7x = -14
x = -2
y = -2(-2) - 3
y = 4 - 3
y = 1