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Example
Suppose the demand and cost functions are given by
Q = 21 - 0.1P and C = 200 + 10Q
Where,
Q - Quantity sold
P - Price per unit sold
C - Cost of production.
We can compute the revenue and profit as:
Graph y = sin ( x ) Solution : As along the first problem in this section there actually isn't a lot to do other than graph it. Following is the graph. From this grap
Testing The Difference Between Two Sample Means (Large Samples) A large sample is defined as one which have 30 or more items as n≥30 whereas n is the sample size In a busine
Integration We have, so far, seen that differential calculus measures the rate of change of functions. Differentiation is the process of finding the derivative
Estimating the Value of a Series One more application of series is not actually an application of infinite series. It's much more an application of partial sums. Actually, we
i need a step by step guide to answering simultaneous equation for gcses
Slope-intercept form The ultimate special form of the equation of the line is possibly the one that most people are familiar with. It is the slope-intercept form. In this if
Suppose a Ferris wheel with radius of 12 meters is rotating at a rate of 2 rotations per minute. a. How fast is a person rising when the person is 3 meters above the horizontal lin
Solve the equation for x and check each solution. 2/(x+3) -3/(4-x) = 2x-2/(x 2 -x-12)
If f(x) is an infinitely differentiable function so the Taylor Series of f(x) about x=x 0 is, Recall that, f (0) (x) = f(x) f (n) (x) = nth derivative of f(x)
A regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
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