Winston's Treats finds that their weekly cost function is C(x) = 100 + 4x, where x is the number of pies made. Winston believes the price should be p = 40 - 2x dollars per pie. B. Find the profit function. A. Find the revenue function. C. Find the number of pies that produces maximum profit and find the maximum profit.

Q: The total revenue function for a product is given by R = 540x dollars, and the total cost function…

A: “Since you have posted a question with multiple sub parts, we will provide the solution only to the…

Q: In a monopolistic market the supplier can control the price by regulating the supply of the product.…

A: Given demand function is  p=420-0.5q Given Marginal cost of monopolist is  C=200 +2q From the…

Q: A manufacturer produces units of a particular product. Each unit costs (A + 80) R.O to make, and its…

A: Find the selling price and minimum profit.

Q: The cost C (in dollars) of producing x units and the revenue R (in dollars) obtained by selling x…

A:

Q: A supply company charges for 50-gallon tanks using the demand function p(x) = 40 – 4.8x. What is the…

A: In any business revenue is the total amount received by selling a given number of items at a given…

Q: Find the consumer and producer surpluses by using the demand and supply functions, where p is the…

A: We will equate the demand and supply function to find number of units at equilibrium.

Q: A builder needs to rent a dump truck for a day for $75 plus $0.80 per mile. Find the cost function.…

A: The answer provided below has been developed in a clear step by step manner.