Compute the break-even quantities, Mathematics

Assignment Help:

The revenue and cost functions for producing and selling quantity x for a certain production facility are given below.

R(x) = 16x - x2

C(x) = 20 + 4x

a)  Determine the profit function P(x).

b)  Use Excel to graph the functions R(x), C(x) and P(x) for the interval 0≤ x ≤ 12. Copy and paste the graph below. Note: Use Scatter plot with smooth lines and markers.

c)   Compute the break-even quantities.

d)  Determine the average cost at the break-even quantities.

e)  Determine the marginal revenue R'(x).

f)   Determine the marginal cost C'(x)

g)  At what quantity is the profit maximized?

 

 


Related Discussions:- Compute the break-even quantities

Density Determination, If the mass is 152.2g and the volume is 18cm3, then ...

If the mass is 152.2g and the volume is 18cm3, then what is the density?

Calculus, Given f (x) =10x^3 - x^5 , find all intervals(in Interval Notatio...

Given f (x) =10x^3 - x^5 , find all intervals(in Interval Notation) of Concavity and the x-values of all Inflection Points.

Linear programming, Chelsea has been facing some financial problems which e...

Chelsea has been facing some financial problems which even caused her daily expenses for food, at the same time, she hasn''t receive the money from the bank loan yet. Therefore, sh

Fractions, what is 1/3 + 2/9 equal

what is 1/3 + 2/9 equal

., WRITE the condition that should be fulfilled by two matrices A&B to get ...

WRITE the condition that should be fulfilled by two matrices A&B to get the product AB and BA

What decimal is represented by point a on the number line, What decimal is ...

What decimal is represented by point A on the number line? The hash marks indicate units of 0.01 between 0.75 and 0.80. Point A is 0.77. See the ?gure below.

Eqt.., pam bought a new bedroom suit for $2588.she me a down payment of $18...

pam bought a new bedroom suit for $2588.she me a down payment of $188 and paid the remaining amount in 24 equal monthly payments .how much did she pay for each monthly payment.

Number sequence, what is the formula to find a sequence on a string of numb...

what is the formula to find a sequence on a string of numbers?

In the terms of x, The length of Kara's rectangular patio can be expressed ...

The length of Kara's rectangular patio can be expressed as 2x - 1 and the width can be expressed as x + 6. In the terms of x, what is the area of her patio? Since the area of a

Write Your Message!

Captcha
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