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

Call the production cost 'C', the revenue 'R' and the number of CDs 'n':
C=2000+5n
R=10n
By definition Profit P = R-C, therefore P=10n-2000+5n = 5n-2000.
Answer:
C. 0.314.
Step-by-step explanation:
1/2 is rational. The answer is another rational number.
The only rational number in the list is 0.314.
Answer:
2.4 hr. = time working together
Step-by-step explanation:
Let x = time working together
x/6 = work done by Martin
x/4 = work done by Victor
Martin's part + Victor's part = 1 jog done
x/6 + x/4 = 1 Multiply thru by 12
2x + 3x = 12
5x = 12
x = 2.4 hr.
Answer:
c=27/40 = 0.675
Step-by-step explanation:
the statement give us the expression:
1/8 +c= 4/5
we subtract the term "1/8" both sides:
we have:
1/8 -1/8+c= 4/5-1/8
c=4/5-1/8
c=(4*8)-(5*1)/(5*8)
c=(32-5)/(40)
c =27/40 = 0.675