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

What you need to do is do the formula of Area=1/2×Height (Base B +Base A) Base B is bottom Base A is the top then you divide by 2 In this case 1/2 ×8/1 ×(12+15)=108
When you round; you round down if the number in the selected column is below 5 and you round up if the number is 5 and above.
Thus; if you apply this to your question:
784,072 then round up and you get 790,000
Answer:
x=9
Step-by-step explanation:
To find the x-coordinate, plug the y-coordinate into the equation and solve from there.
(0 = 2/3x - 6) (6 = 2/3x) (18 = 2x) 9 = x
Assuming you're concerned with interest rate problems, r is generally involved in something like the formula ...
... i = prt
So, r will have the units of ...
... r = i/(pt) = (dollars)/(dollars·year) = 1/year
That is, r is <em>(some fraction) per year</em>.
_____
Often, the fraction is expressed as a percentage. The fraction will be unitless (as percentages are), leaving the units of r as year⁻¹.