A company can manufacture at most 200 units per month. About x units per month can be sold at the price p(x) = (500 – x) dollars and the cost of producing x units per week is C(x) = 150 + 4x + x2 dollars. Find; a. Revenue from sale of x units per week b. Maximum weekly profit and the number of units produced to obtain the maximum d. Marginal Revenue at Maximum weekly profit level c. Marginal cost functions at Maximum weekly profit level
A company can manufacture at most 200 units per month. About x units per month can be sold at the price p(x) = (500 – x) dollars and the cost of producing x units per week is C(x) = 150 + 4x + x2 dollars. Find; a. Revenue from sale of x units per week b. Maximum weekly profit and the number of units produced to obtain the maximum d. Marginal Revenue at Maximum weekly profit level c. Marginal cost functions at Maximum weekly profit level
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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A company can manufacture at most 200 units per month. About x units per month can be sold at the price
p(x) = (500 – x) dollars and the cost of producing x units per week is C(x) = 150 + 4x + x2 dollars. Find;
a. Revenue from sale of x units per week
b. Maximum weekly profit and the number of units produced to obtain the maximum
d. Marginal Revenue at Maximum weekly profit level
c. Marginal cost functions at Maximum weekly profit level
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