a) The weekly demand for Pulsar 25 colour LED Felenrion isp>600 -0.05x, (osxs12,000),where p denotes the wholesale unit price in dollars and xtotal costdenotes the quantity demanded. Theweedlyfonction arrociated with manufacturing the Pulsar 25 is3-0.03x*+400x +80,000given byx ,where ca) denotes the total Cost incurred in producing I setr .) Find the revenue function R and profit function P.CO) - 6.0000020

The revenue function of R'(x) = 600 - 0.018x

Answered: p> 600 -0.05x, losxs 12 here e denotes…

Business

Economics

p> 600 -0.05x, losxs 12 here e denotes the wholesale unit price in

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter7: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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Question

a) The weekly demand for Pulsar 25 colour LED Felenrion is
p>600 -0.05x, (osxs12,000),
where p denotes the wholesale unit price in dollars and x
total cost
denotes the quantity demanded. The
weedly
fonction arrociated with manufacturing the Pulsar 25 is
3-0.03x*+400x +80,000
given by
x ,
where ca) denotes the total Cost incurred in producing I setr .
) Find the revenue function R and profit function P.
CO) - 6.0000020

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