Answer:
Step-by-step explanation:
The given function is
To find F(2), we substitute t=2 into the function.
This means that wherever we see t, we put 2
We multiply the exponent in the denominator to get:
We evaluate to get:
We now cancel the common factors to get:
Answer:
30units,2900
Step-by-step explanation:
Given that Country Motorbikes Incorporated finds that it costs $400 to produce each motorbike, and that fixed costs are $1600 per day.
The price function is p(x) = 700 − 5x, where p is the price (in dollars) at which exactly x motorbikes will be sold.
If x units are produced and sold we have
Costs for x units = variable costs *x +Fixed costs
Sales revenue = no of units sold * price =
Profit funciton = P(x) = Sales revenue - Total cost
=
To get maximum profit we use derivative test I derivative =0 and II derivative =negative
Producing 30 units will maximize the profit.
Max profit
=P(30) = 2900