Mathematics, 05.05.2020 15:45 bryant0103
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 day, and p is price. The total cost function of the company is given by c = (30+5x) 2 where x is previously defined, and c is total cost.
A. Find the revenue and marginal revenue functions [Hint: revenue is price multiplied by quantity i. e. revenue = price × quantity] (3 marks) B. Find the fixed cost and marginal cost function [Hint: fixed cost does not change with quantity produced] (3 marks) C. Find the profit function [Hint: profit is revenue minus total cost] (2 marks) D. Find the quantity that maximizes profit (2 marks)
Answers: 2
Mathematics, 22.06.2019 01:00, bbyniah123
Ameteorologist is studying the monthly rainfall in a section of the brazilian rainforest. she recorded the monthly rainfall, in inches, for last year. they were: 10.4, 10.3, 11.7, 11.1, 8.0, 4.4, 2.6, 1.8, 2.5, 4.4, 7.3, 9.5 fill in the missing values in the formula. what is the variance?
Answers: 1
Mathematics, 22.06.2019 06:00, bubbleslol4463
When you divide a fraction less than 1 by a whole number greater than 1 is the quotient less than, greater than, or equal to the dividend?
Answers: 1
A bakery finds that the price they can sell cakes is given by the function p = 580 − 10x where x is...
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