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

Find the shortest weighted paths, 1. Answer the questions about the graph b...

1. Answer the questions about the graph below. a. Name one cycle that begins and ends at B. b. True/False - the graph is strongly connected.  If not, explain why not.

What is the total number of pounds they bought if the total, The student co...

The student council bought two various kinds of candy for the school fair. They purchased 40 pounds of candy at $2.15 per pound and x pounds at $1.90 per pound. What is the total n

What is uniform distribution, Q. What is Uniform Distribution? Ans. ...

Q. What is Uniform Distribution? Ans. A distribution is the set of possible values of a random variable considered in terms of their theoretical or observed frequency. Th

Determine the area of the sail, If a triangular sail has a horizontal lengt...

If a triangular sail has a horizontal length of 30 ft and a vertical height of 83 ft , Determine the area of the sail? a. 1,245 ft 2 b. 1,155 ft 2 c. 201 ft 2 d. 2,4

4 accounting majors, 4 accounting majors, 2 economics majors and 3 marketin...

4 accounting majors, 2 economics majors and 3 marketing majors have an interview for5 different positions with a large company. Find the number of dfferent ways that 5 of these c

Venm diagrams, In a class, all pupils take Mathematics (M), 18 take Chemist...

In a class, all pupils take Mathematics (M), 18 take Chemistry (C), 17 take Biology (B) and 24 take Physics (P) of those taking 3 subjects only, 5 take Physics and Chemistry, 7 ta

What are the properties of normal distribution, What are the properties of ...

What are the properties of Normal distribution? The normal curve is symmetrical when p=q or p≈q The normal curve is a single peaked curve The normal curve is asymptotic t

Mathematical formulae, Mathematical Formulae (a ...

Mathematical Formulae (a + b) 2 = a 2 + b 2 + 2ab (a - b) 2 = a 2 + b 2 - 2ab (a + b) 2 +

Find the sides of the two squares, The sum of areas of two squares is 468m ...

The sum of areas of two squares is 468m 2  If the difference of their perimeters is 24cm, find the sides of the two squares. Ans:    Let the side of the larger square be x .

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