The daily utility function in (in soles) gener- ated by the sale of which items is given by function U(q) =-0, 1q²+100q–1200, If the cost is known to follow a linear behavior and that the total cost of producing 160 ar- ticles is from S/6800 , & how much is the average cost of producing 240 articles?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The daily utility function in (in soles) gener-
ated by the sale of which items is given by
function U(q) =-0, 1q²+100q–1200 , If
the cost is known to follow a linear behavior
and that the total cost of producing 160 ar-
ticles is from S/6800 , & how much is the
average cost of producing 240 articles?
Transcribed Image Text:The daily utility function in (in soles) gener- ated by the sale of which items is given by function U(q) =-0, 1q²+100q–1200 , If the cost is known to follow a linear behavior and that the total cost of producing 160 ar- ticles is from S/6800 , & how much is the average cost of producing 240 articles?
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