2. If the price/demand function is p-50-1.25x and the total cost function is 160+10x, where x is the number of units (D) in thousands and cost is in dollars, determine the following; a. General Equation of the Total Profit (profit function) b. General Equation of the Total Revenue (revenue function) C. Breakeven points Note: Put Final Answer in the yellow box
2. If the price/demand function is p-50-1.25x and the total cost function is 160+10x, where x is the number of units (D) in thousands and cost is in dollars, determine the following; a. General Equation of the Total Profit (profit function) b. General Equation of the Total Revenue (revenue function) C. Breakeven points Note: Put Final Answer in the yellow box
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
Related questions
Question
![2. If the price/demand function is p-50-1.25x and the total cost function is 160+10x,
where x is the number of units (D) in thousands and cost is in dollars, determine the
following;
a. General Equation of the Total Profit (profit function)
b.
General Equation of the Total Revenue (revenue function)
Breakeven points Note: Put Final Answer in the yellow box
C.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F494375ce-10ef-4e5b-b34b-7bec352d432a%2Ffbe286c7-061f-4607-afa2-33a74281f1fa%2Fk09o96c_processed.png&w=3840&q=75)
Transcribed Image Text:2. If the price/demand function is p-50-1.25x and the total cost function is 160+10x,
where x is the number of units (D) in thousands and cost is in dollars, determine the
following;
a. General Equation of the Total Profit (profit function)
b.
General Equation of the Total Revenue (revenue function)
Breakeven points Note: Put Final Answer in the yellow box
C.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Structural Analysis](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781337630931/9781337630931_smallCoverImage.jpg)
![Structural Analysis (10th Edition)](https://www.bartleby.com/isbn_cover_images/9780134610672/9780134610672_smallCoverImage.gif)
Structural Analysis (10th Edition)
Civil Engineering
ISBN:
9780134610672
Author:
Russell C. Hibbeler
Publisher:
PEARSON
![Principles of Foundation Engineering (MindTap Cou…](https://www.bartleby.com/isbn_cover_images/9781337705028/9781337705028_smallCoverImage.gif)
Principles of Foundation Engineering (MindTap Cou…
Civil Engineering
ISBN:
9781337705028
Author:
Braja M. Das, Nagaratnam Sivakugan
Publisher:
Cengage Learning
![Structural Analysis](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781337630931/9781337630931_smallCoverImage.jpg)
![Structural Analysis (10th Edition)](https://www.bartleby.com/isbn_cover_images/9780134610672/9780134610672_smallCoverImage.gif)
Structural Analysis (10th Edition)
Civil Engineering
ISBN:
9780134610672
Author:
Russell C. Hibbeler
Publisher:
PEARSON
![Principles of Foundation Engineering (MindTap Cou…](https://www.bartleby.com/isbn_cover_images/9781337705028/9781337705028_smallCoverImage.gif)
Principles of Foundation Engineering (MindTap Cou…
Civil Engineering
ISBN:
9781337705028
Author:
Braja M. Das, Nagaratnam Sivakugan
Publisher:
Cengage Learning
![Fundamentals of Structural Analysis](https://www.bartleby.com/isbn_cover_images/9780073398006/9780073398006_smallCoverImage.gif)
Fundamentals of Structural Analysis
Civil Engineering
ISBN:
9780073398006
Author:
Kenneth M. Leet Emeritus, Chia-Ming Uang, Joel Lanning
Publisher:
McGraw-Hill Education
![Sustainable Energy](https://www.bartleby.com/isbn_cover_images/9781337551663/9781337551663_smallCoverImage.gif)
![Traffic and Highway Engineering](https://www.bartleby.com/isbn_cover_images/9781305156241/9781305156241_smallCoverImage.jpg)
Traffic and Highway Engineering
Civil Engineering
ISBN:
9781305156241
Author:
Garber, Nicholas J.
Publisher:
Cengage Learning