Suppose that each day a company has fixed costs of 400 dollars and variable costs of 0.8x+1420 dollars per unit, where x is the
1 answer:
Answer:
Step-by-step explanation:
Given that a company fixed costs are 400 dollars
and variable cost = per unit and x the no of units produced
Selling price = per unit
a) Break even units
At break even units selling price = variable cost
Break even units = 76
b) Revenue = Sales - total costs
=
Use derivative test to get max revenue
R'(x) =
R"(X) <0
So maximum when I derivative =0 or when
x=38
c) price when x =38 is
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Answer:
The average rate of change is -3.
Step-by-step explanation:
We are given the function:
And we want to find the average rate of change from <em>x </em>= 0 to <em>x </em>= 3.
In other words, we will compute the function at the two endpoints, and then find the slope of the line that crosses the two points.
For our first endpoint at <em>x</em> = 0, our function evaluates to:
So, our first point is (0, 9).
For our second endpoint at <em>x</em> = 3, our function evaluates to :
So, our second point is (3, 0).
Then by the slope formula, our average rate of change will be: