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

Line with rise of five and run of two is positive, Draw a graph which has s...

Draw a graph which has slope of a line with rise of five and run of two is positive.

Utilizes the definition of the limit to prove the given limi, Utilizes the ...

Utilizes the definition of the limit to prove the given limit. Solution In this case both L & a are zero.  So, let ε 0 so that the following will be true. |x 2 - 0|

Trigonometry 2, three towns are situated in such away that town B is 120 ki...

three towns are situated in such away that town B is 120 kilometers on a bearing of 030 degrees from town A. Town C is 210 kilometers on a bearing of 110 degrees from town A (a)ca

Find out the roots of the quadratic equation, Find out the roots of the fol...

Find out the roots of the following quadratic equation. 3x 2 + 7x = 0 Solution: Using Equation 6, one root is determined. x = 0 Using Equation 7, substitute the

1, what''s the beneit of study mathematics ?

what''s the beneit of study mathematics ?

How many total inches of wood does he have, Eduardo is merging two 6-inch p...

Eduardo is merging two 6-inch pieces of wood with a piece in which measures 4 inches. How many total inches of wood does he have? This problem translates to the expression 6 ×

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