The unit cost, in dollars, to produce tubs of ice cream is $9 and the fixed cost is $16614. The price-demand function, in dollars per tub, is p(x) = 385 - 2x Find the cost function. C(x)= Find the revenue function. R(x) = Find the profit function. P(x) = Find the marginal profit function.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.2: Domain And Range
Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...
icon
Related questions
Question
The unit cost, in dollars, to produce tubs of ice cream is $9 and the fixed cost is $16614. The price-demand
function, in dollars per tub, is p(x) = 385 - 2x
Find the cost function.
C(x)=
Find the revenue function.
R(x)=
Find the profit function.
P(x) =
Find the marginal profit function.
Transcribed Image Text:The unit cost, in dollars, to produce tubs of ice cream is $9 and the fixed cost is $16614. The price-demand function, in dollars per tub, is p(x) = 385 - 2x Find the cost function. C(x)= Find the revenue function. R(x)= Find the profit function. P(x) = Find the marginal profit function.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill