3) You are told profit(x) = x (400 - *) - (200,000 + B*x). (A) Produce a table where the values of x goes from 0 to 60,000 by 3,000, and where there are columns for profit (x), and Marginal profit(x + 1), and profit'(x). (You may want other columns as well.) (B) Produce a plot with profit(x), and Marginal profit' (x + 1), on a single plot. Use a secondary axis for Marginal profit' (x + 1). (C) Find two breakeven points. (D) Find a value of x s where Marginal profit' (x + 1) = 0.

3) You are told profit(x) = x (400 - ) - (200,000 + Bx). (A) Produce a table where the values of x goes from 0 to 60,000 by 3,000, and where there are columns for profit (x), and Marginal profit(x + 1), and profit'(x). (You may want other columns as well.) (B) Produce a plot with profit(x), and Marginal profit' (x + 1), on a single plot. Use a secondary axis for Marginal profit' (x + 1). (C) Find two breakeven points. (D) Find a value of x s where Marginal profit' (x + 1) = 0.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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