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

Calculus, I need help fast with my calculus work

I need help fast with my calculus work

Example of product moment correlation, Example of Product moment correlatio...

Example of Product moment correlation The given data was acquired during a social survey conducted in a described urban area regarding the yearly income of described families

Graphing sets of numbers, Q. Graphing Sets of Numbers? Ans. To  gr...

Q. Graphing Sets of Numbers? Ans. To  graph  a set of numbers on a number line means to plot, or locate, those positions on the line. The number that corresponds to a poin

Factors, What are the factors of 956

What are the factors of 956

Geometry, which kind of triangle has no congruent sides ?

which kind of triangle has no congruent sides ?

The invisible effort on learning maths, The Invisible Effort :   Although t...

The Invisible Effort :   Although the development of children is a process, what is noticed and given recognition to is the end-product. We usually speak of children having achieve

Purely imaginary number, It is totally possible that a or b could be zero a...

It is totally possible that a or b could be zero and thus in 16 i the real part is zero.  While the real part is zero we frequently will call the complex numbers a purely imaginar

Which of the subsequent represents the cost y of phone call, A telephone co...

A telephone company charges $.35 for the first minute of a phone call and $.15 for each additional minute of the call. Which of the subsequent represents the cost y of a phone call

Relative measures of dispersion, Relative measures of dispersion Defi...

Relative measures of dispersion Definition of Relative measures of dispersion: A relative measure of dispersion is a statistical value that may be utilized to compare va

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