Profit functions for this production process

Assignment Help Mathematics
Reference no: EM131874087

Consider the following production parameters:

The Fixed Cost is $83,400,

The Variable cost per unit is $ 16.07;

And the selling price is $22.50

Find the cost, revenue, and profit functions for this production process. GRAPH ALL three functions on the same set of axis. GRAPH AND LABEL the intersection point.

Reference no: EM131874087

Questions Cloud

Important factors considered in selecting a software vendor : Explain why it should be considered and potential consequences of not considering the factor in selection of a software vendor
What is the fixed cost and variable cost : A. GRAPH THE DATA B. What is your visual estimate of the y-intercept? C. GRAPH C (X) on the data graph from part (a). D. Find the equation for C(X).
Which design appears to be the best environmental design : A firm is considering five different product designs. Data concerning the design for disassembly for each of the designs are provided in the table below.
How is the process affected by how fast the oxidation occurs : How is the process affected by how fast the oxidation occurs? What are the primary accelerants? Identify and describe them.
Profit functions for this production process : Find the cost, revenue, and profit functions for this production process. GRAPH ALL three functions on the same set of axis. GRAPH AND LABEL the intersection
Write pseudocode to represent the logic of a program : Draw a flowchart or write pseudocode to represent the logic of a program that allows the user to enter a value. The program divides the value by 2 and outputs.
Which plant should the firm choose : A firm decides whether to produce products by an onshore plant or an offshore plant. The fixed cost and the variable cost of the onshore plant are dollar.
What tools are necessary to collect the evidence : What tools are necessary to collect the evidence? Describe. What challenges exist regarding the collection of the evidence? Explain.
What is the resulting standard deviation : What is the resulting standard deviation (SD) of the converted list? Please list the step to get the answer

Reviews

Write a Review

Mathematics Questions & Answers

  Provide the base case the assumption step and a final step

If using induction to prove that 5n 1 is divisible by 4 for alln e 1, provide the base case, the assumption step, and a final step that can be used to prove for alln. Note: Please use ^ for exponent. For example, 3 ^ 2 = 9

  Find the value of c in the given interval

The function defined below satisfies Rolle's Theorem on the given interval. Find the value of c in the interval (-4, -2)where f'(c)=0.

  What is the probability that two groups of students

A random sample of size 25 is taken from a normal population having a mean of 80 and a standard deviation of 5. A second random sample of size 36 is taken from a different normal population having a mean of 75 and a standard deviation of 3.

  Center of mass of lamina

Find the center of mass of the lamina bounded by y = x^2 and y=2x and the density is ?(x,y) = xy.

  What is the density of the material

A standard 1 kilogram weight is a cylinder 43.5 mm in height and 48.5 in diameter. What is the density of the material?

  How do you find the standard normal distribution

How do you find the 75th percentile of the standard normal distribution ? Please explain your steps.

  What is the 2011-2012 tuition in 2001 dollars

n-state tuition and fees at Virginia Commonwealth University (VCU) was $9517 for the 2011-12 academic year. The CPI for 2011 was 224.9 and the CPI for 2001 was 177.1. What is the 2011-2012 tuition in 2001 dollars

  A survey of 60 couples showed the sample mean number of

the american restaurant association collected information on the number of meals eaten outside the home per week by

  The retail price is deducted for packaging before ziams

ziam is considering an offer to perform his own songs on a cd to be titled waiting there. in the past he has written

  Construct a tree diagram

POLITICAL POLLS An opinion poll was conducted by the Morris Polling Group. Respondents were classified according to their sex (M or F), political affiliation.

  What is the maximum return

If the oil stock yields 12% and the steel stock yields 9%, how much should be allocated for each investment in order to maximize the return? What is the maximum return?

  Solve the following differential equation

Solve the following differential equation

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd