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

Emi, calculation of emi %

calculation of emi %

Probabillity, In my wallet there is a 10p stamp, a 12p stamp and a 20p stam...

In my wallet there is a 10p stamp, a 12p stamp and a 20p stamp.I remove a stamp,put it back and then remove a stamp again.Draw a sample space diagram to show all the possible resul

Find out all the critical points for the function, Find out all the critica...

Find out all the critical points for the function. Solution To determine the derivative it's probably simple to do a little simplification previous to we in fact diffe

The Theory of Set, Set M= {m''s/m is a number from 5 to 10}

Set M= {m''s/m is a number from 5 to 10}

Addition and subtraction of rational expressions, Now come to addition and ...

Now come to addition and subtraction of rational expressions.  Following are the general formulas.  (a/c) + (b/c) = (a + b)/c

Calculus, using 5 rectangles what is the area under a curve using the funct...

using 5 rectangles what is the area under a curve using the function f(x)=3x+4 and boundries [0,2]

Activity on Node, schedulling problem with variability in task times

schedulling problem with variability in task times

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