A linear cost function that represents the cost C ( x ) to produce x necklaces during a one-month period. The rent for studio, Internet service, and phone come to $ 640 p e r m o n t h . Estimated cost is $ 3.50 to make one necklace. Cost at art shows and online is $ 25 each.
A linear cost function that represents the cost C ( x ) to produce x necklaces during a one-month period. The rent for studio, Internet service, and phone come to $ 640 p e r m o n t h . Estimated cost is $ 3.50 to make one necklace. Cost at art shows and online is $ 25 each.
Solution Summary: The author calculates a linear cost function to represent the revenue R(x) for selling x necklaces.
A linear cost function that represents the cost C(x) to produce x necklaces during a one-month period. The rent for studio, Internet service, and phone come to $640permonth. Estimated cost is $3.50 to make one necklace. Cost at art shows and online is $25 each.
b)
To determine
To calculate:
Linear revenue function to represent the revenue R(x) for selling x necklaces. The rent for studio, Internet service, and phone come to $640permonth. Estimated cost is $3.50 to make one necklace. Cost at art shows and online is $25 each.
c)
To determine
To calculate:
(R−C)(x) and interpret its meaning in the context of this problem, where function is R(x)=25x and C(x)=3.5x+640
d)
To determine
To calculate:
The profit if the artist sells 212 necklaces during a one-month period, where function is (R−C)X=21.5x−640
Can someone provide an answer & detailed explanation please? Thank you kindly!
Given the cubic function f(x) = x^3-6x^2 + 11x- 6, do the following: Plot the graph of the
function. Find the critical points and determine whether each is a local minimum, local
maximum, or a saddle point. Find the inflection point(s) (if any).Identify the intervals where
the function is increasing and decreasing. Determine the end behavior of the graph.
Given the quadratic function f(x) = x^2-4x+3, plot the graph of the function and find the
following: The vertex of the parabola .The x-intercepts (if any). The y-intercept. Create graph
also before solve.
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.
Solve ANY Optimization Problem in 5 Steps w/ Examples. What are they and How do you solve them?; Author: Ace Tutors;https://www.youtube.com/watch?v=BfOSKc_sncg;License: Standard YouTube License, CC-BY
Types of solution in LPP|Basic|Multiple solution|Unbounded|Infeasible|GTU|Special case of LP problem; Author: Mechanical Engineering Management;https://www.youtube.com/watch?v=F-D2WICq8Sk;License: Standard YouTube License, CC-BY