The revenue and cost functions for producing and selling

Assignment Help Mathematics
Reference no: EM13470966

The revenue and cost functions for producing and selling quantity x for a certain production facility are given below.

R(x) = 16x - x2

C(x) = 20 + 4x 

a) Determine the profit function P(x).

b) Compute the break-even quantities.

c) Determine the average cost at the break-even quantities.

d) Determine the marginal revenue R'(x).

e) Determine the marginal cost C'(x) 

f) At what quantity is the profit maximized?

Reference no: EM13470966

Questions Cloud

Consider the ethical issues in criminology concerning : consider the ethical issues in criminology concerning decisions criminologists must make what to study whom to study
Which of the following would be classified as tangible : 1 which of the following is a distinguishing feature of a common law legal system?2 which best describes the types of
Justify at least three fundamental items that should be : imagine you are a recently-hired chief operating officer coo in a midsize company preparing for an initial public
Frankie smith age 12 lived with his mother vanessa smith in : scenario 1 bankruptcycelia graduated from a prestigious law school two years ago. celias parents did not have the
The revenue and cost functions for producing and selling : the revenue and cost functions for producing and selling quantity x for a certain production facility are given
Using the argosy university online library resources and : assignment identification of suspects by using scientific principlestoday law enforcement can identify suspects by
Recommend a course of action and explain why that action : you have decided to speak with the prosecutor mary on behalf of maureen the college student who was the victim of date
After 6 min the temp of the soda was 46 degrees fjodi had : jodi poured herself a cold soda that had an initial temp of 36 degrees f and immediately went outside to sunbathe where
The constitutional rights of prisoners may be held in : the constitutional rights of prisoners may be held in abeyance during the time they are on probation or parole. they

Reviews

Write a Review

 

Mathematics Questions & Answers

  Determine the equation of a parabola with vertex

Find the equation of parabola from the given data - Determine the equation of a parabola with vertex

  Use the theorem of pappus to ?nd the volume solid

Use the Theorem of Pappus to ?nd the volume of the given solid.

  Sketch a graph of the function

Graph of the function - sketch a graph of the function.

  What are the initial conditions

Given that S_n denotes the number of n-bit strings that do not contain the pattern 00, what are the initial conditions?

  How many deer are in the preserve

to determine the number of deer in a game preserve, a conservationalist catches 394 deer, tags them and lets them loose. Later, 492 deer are caught, 246 of them are tagged, How many deer are in the preserve?

  What is the predicted net profit for 2006

What is the value of the coefficient of determination for this regression model? Comment on the strength of the regression line for this model.

  What does best rental charge per day and per mile\

Best Rental charges a daily fee plus a mileage fee for renting its cars. Barney was charged $105 for 3 days and 300 miles, while Mary was charged $191 for 5 days and 600 miles. What does Best Rental charge per day and per mile?

  What are the lengths of the edges giving the minimum surface

An open rectangular box has volume of 32 cubic cm. What are the lengths of the edges giving the minimum surface area?

  Prove the statement

Prove that the statement "There exists a triangle with a sum of angles greater than 180 degrees" is true in spherical geometry.

  How many minutes will it take until the tank is full

How many minutes will it take until the tank is full? (1 meter=1.094 yards)

  Find the rate of change of the volume of water

find the rate of change of the volume of water in the container, with respect to time, when h=3 cm. indicate units of measure.

  A coin is flipped eight times where each flip comes up

A coin is flipped eight times where each flip comes up with either heads or tails how many possible outcomes?a) contain exactly 3 heads

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd