Determine the solution and the reasoning that justifies the solution to the systems of equations.

A bakery finds that the price they can sell cakes is given by the function p = 580 − 10x where x is the number of cakes sold per

HACTEHA [7]

Answer:

A) Revenue function = R(x) = (580x - 10x²)

Marginal Revenue function = (580 - 20x)

B) Fixed Cost = 900

Marginal Cost function = (300 + 50x)

C) Profit function = P(x) = (-35x² + 280x - 900)

D) The quantity that maximizes profit = 4

Step-by-step explanation:

Given,

The Price function for the cake = p = 580 - 10x

where x = number of cakes sold per day.

The total cost function is given as

C = (30 + 5x)² = (900 + 300x + 25x²)

where x = number of cakes sold per day.

Please note that all the calculations and functions obtained are done on a per day basis.

A) Find the revenue and marginal revenue functions [Hint: revenue is price multiplied by quantity i.e. revenue = price × quantity]

Revenue = R(x) = price × quantity = p × x

= (580 - 10x) × x = (580x - 10x²)

Marginal Revenue = (dR/dx)

= (d/dx) (580x - 10x²)

= (580 - 20x)

B) Find the fixed cost and marginal cost function [Hint: fixed cost does not change with quantity produced]

The total cost function is given as

C = (30 + 5x)² = (900 + 300x + 25x²)

The total cost function is a sum of the fixed cost and the variable cost.

The fixed cost is the unchanging part of the total cost function with changing levels of production (quantity produced), which is the term independent of x.

C(x) = 900 + 300x + 25x²

The only term independent of x is 900.

Hence, the fixed cost = 900

Marginal Cost function = (dC/dx)

= (d/dx) (900 + 300x + 25x²)

= (300 + 50x)

C) Find the profit function [Hint: profit is revenue minus total cost]

Profit = Revenue - Total Cost

Revenue = (580x - 10x²)

Total Cost = (900 + 300x + 25x²)

Profit = P(x)

= (580x - 10x²) - (900 + 300x + 25x²)

= 580x - 10x² - 900 - 300x - 25x²

= 280x - 35x² - 900

= (-35x² + 280x - 900)

D) Find the quantity that maximizes profit

To obtain this, we use differentiation analysis to obtain the maximum point of the Profit function.

At maximum point, (dP/dx) = 0 and (d²P/dx²) < 0

P(x) = (-35x² + 280x - 900)

(dP/dx) = -70x + 280 = 0

70x = 280

x = (280/70) = 4

(d²P/dx²) = -70 < 0

Hence, the point obtained truly corresponds to a maximum point of the profit function, P(x).

This quantity demanded obtained, is the quantity demanded that maximises the Profit function.

Hope this Helps!!!

8 0

3 years ago

A vector with magnitude 9 points in a direction 190 degrees counterclockwise from the positive x axis. Write in component form

Over [174]

Answer:

$\vec{v}= \text{ or } \approx$

Step-by-step explanation:

Component form of a vector is given by $\vec{v}=$ , where $i$ represents change in x-value and $j$ represents change in y-value. The magnitude of a vector is correlated the Pythagorean Theorem. For vector $\vec{v}=$ , the magnitude is $||v||=\sqrt{i^2+j^2$ .

190 degrees counterclockwise from the positive x-axis is 10 degrees below the negative x-axis. We can then draw a right triangle 10 degrees below the horizontal with one leg being $i$ , one leg being $j$ , and the hypotenuse of the triangle being the magnitude of the vector, which is given as 9.

In any right triangle, the sine/sin of an angle is equal to its opposite side divided by the hypotenuse, or longest side, of the triangle.

Therefore, we have:

$\sin 10^{\circ}=\frac{j}{9},\\j=9\sin 10^{\circ}$

To find the other leg, $i$ , we can also use basic trigonometry for a right triangle. In right triangles only, the cosine/cos of an angle is equal to its adjacent side divided by the hypotenuse of the triangle. We get:

$\cos 10^{\circ}=\frac{i}{9},\\i=9\cos 10^{\circ}$

Verify that $(9\sin 10^{\circ})^2+(9\cos 10^{\circ})^2=9^2\:\checkmark$

Therefore, the component form of this vector is $\vec{v}=\boxed{}\approx \boxed{}$

6 0

3 years ago

Find the next 3 terms in the geometric sequence -36, 6, -1, 1/6, ...

timama [110]

we are given

geometric sequence -36, 6, -1, 1/6, ...

first term is -36

$a_1=-36$

now, we can find common ratio

$r=\frac{6}{-36}$

$r=-\frac{1}{6}$

now, we can find nth term

$a_n=a_1(r)^{n-1}$

now, we can plug values

and we get

$a_n=36(-\frac{1}{6})^{n-1}$

now, we can find 5th term , 6th term, 7th term

fifth term:

$a_5=36(-\frac{1}{6})^{4}$

$a_5=\frac{1}{36}$

sixth term:

$a_6=36(-\frac{1}{6})^{5}$

$a_6=-\frac{1}{216}$

seventh term:

$a_7=36(-\frac{1}{6})^{6}$

$a_7=\frac{1}{1296}$

so, next terms are

$a_5=\frac{1}{36}$ , $a_6=-\frac{1}{216}$

, $a_7=\frac{1}{1296}$ .............Answer

6 0

3 years ago

I need help ASAP PLSSSSS.

yKpoI14uk [10]

Answer:

Step-by-step explanation:

I dont know if its right but I think you have to subtract 30% from seven since the equation is not being specific and I came up with 4.9 but dont quote me on it im just giving a educational guess

6 0

3 years ago

Read 2 more answers

Is 645 round to 600 when rounded to the nearest ten

Juliette [100K]

No
645 becomes 650 when rounded to the nearest ten
645 becomes 600 when rounded to the nearest hundred

6 0

3 years ago