File………………. 7…………・・・ 6 ・・・・・・・ 5・・・・・・・ 4・・・・・・ 3・・・・・・・・・……….………….CutE CopyPasteHome Insert Design Layout ReferencesFormat PainterClipboardPage 1 of 2117 words90°FMostly sunnyGCalibriB I0:318Uabe X₂x²FontMailingsA AAa ✓ PA at A.Accessibility: InvestigateReviewView Help1.... .8.■HEParagraphii.← →iii.ALJefferyCALCULUS1 - Word (Product Activation Failed)=Tell me what you want to doStylesA***¹***・・・ 2・・・・・・・ 3 ・・・・・・ 4 ・・・・・・ 5 ・・・・・・・ 6 ・・・8・・・ 7 ・・・1¶Q SearchG1. If the cost function of x units of a product being sold is1Z(x)3x² + x + 2 and the price each item is sold isrepresented by is B(x) = x³ – ²x − 3, determine:i. The expressions for the marginal cost and revenues.The marginal cost of producing the 4th product.AaBbCcDdE AaBbCcDdi AaBbC AaBbCct AaB AaBbcct AaBbCcDdt AaBbCcDdt AaBbCcDdt AaBbCcDdESubtitle¶ NormalIntense E...Subtle Em... EmphasisStrongTitle1 No Spac... Heading 1 Heading 2The real revenue accrued from the sale of the 8th product.iv.1If the profit earned from the sale of 50 units of thisproduct, is represented by P(x)4x5-²/x-x - 2,determinea. The real profit earned after 50 units sold.b. The marginal profit made from the sale of the 50thproduct.=c. The real profit or loss after the sale of 10 products. Explainyour answer.Jeffery PeartDERFind vabc ReplaceSelectEditingE[4Add-insAdd-ins1:51 PM11/27/2023хо<100%

Cost function : Z(x) = 3x2+ 0.5x + 2 Price function : B (x) = 4x3 /3 - 2x/7 - 3 Profit…

1. If the cost function of x units of a product being sold is Z(x) = 3x² + x +2 and the price each item is sold is represented by is B(x) = x³ - ²x - 3, determine: i. The expressions for the marginal cost and revenues. ii The marginal cost of producing the 4th product

1. If the cost function of x units of a product being sold is Z(x) = 3x² + x +2 and the price each item is sold is represented by is B(x) = x³ - ²x - 3, determine: i. The expressions for the marginal cost and revenues. ii The marginal cost of producing the 4th product

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter12: More Realistic And Complex Pricing

Section: Chapter Questions

Problem 12.4IP

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