Suppose that the marginal revenue for firefighting protective clothes is MR = 457 - 5x and the marginal cost is MC = 3.5x + 15 with a fixed cost of $325. Assume R(0) = 0. a) How many units will result in a maximum profit? x = b) Find the revenue function. R(x) = c) Find the cost function. C(x) d) What is the maximum profit (to the nearest dollar)? The maximum profit is

Q: Total cost and revenue are approximated by the functions C = 4000 + 2. 2q and R = 4q , both in…

A: Given total cost of the functions C=4000+2.2q and revenue function is R=4q. We have to find the…

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Q: -; A price p (in dollars) and demand x for a product are related by 2x2 – 12xp + 50p² = 6400. If the…

A: Here I am attaching image so that you understand each and every step.

Q: The total revenue curve of a firm is R(q) 40q – 12q? and its average cost A(q) = 9? – 12.85q + 20 +…

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Q: A supply company charges for 90-liter drums using the demand function p(x)=20.9−1.6x  What is the…

A: Given that demand function is: p(x) = 20.9 - 1.6x we need to write the revenue function.