A firm's revenue function from the sale of S21 is R(x) = 2x² - 9x - 221 and the firm's total cost function is given by C(x) = -x² + 4 where x represents the level of demand for S21. i. How many S21 would the firm be required to produce and sell to record total revenue of zero? ii. [5 marks] Write an algebraic expression to represent the profit function for the firm. [3 marks] 2

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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A firm's revenue function from the sale of S21 is R(x) = 2x² - 9x - 221 and the
firm's total cost function is given by C(x) = -x² + 4 where x represents the level
of demand for S21.
i. How many S21 would the firm be required to produce and sell to record
total revenue of zero?
ii.
[5 marks]
Write an algebraic expression to represent the profit function for the firm.
[3 marks]
2
Transcribed Image Text:A firm's revenue function from the sale of S21 is R(x) = 2x² - 9x - 221 and the firm's total cost function is given by C(x) = -x² + 4 where x represents the level of demand for S21. i. How many S21 would the firm be required to produce and sell to record total revenue of zero? ii. [5 marks] Write an algebraic expression to represent the profit function for the firm. [3 marks] 2
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