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

Calculate the probability - contingency table, 1) A survey was done where a...

1) A survey was done where a random sample of people 18 and over were asked if they preferred comedies, dramas, or neither. The information gathered was broken down by age group an

Probability, TWO PERSONS A AND B AGREE TO MEET AT A PLACE BTWEEN 11 TO 12 N...

TWO PERSONS A AND B AGREE TO MEET AT A PLACE BTWEEN 11 TO 12 NOON.  THE FIRST ONE TOARRIVE WAITS FOR 20 MIN AND THEN LEAVE. IF THE TIME OF THIR ARRIVAL BE INDEPENDET AND AT RNDOM,T

Two circles touching internally prove that ox:oy=oa:ob, Two circles touchin...

Two circles touching internally at O. OXY, OAB straight lines, the latter passing through the centres. Prove that OX : OY = OA : OB. Given : Two circles touching internally a

What is angle pairs, What is Angle Pairs? Two angles are adjacent angle...

What is Angle Pairs? Two angles are adjacent angles if they have the same vertex and share one side. Vertical angles are a pair of nonadjacent angles formed by two intersecting

Earning money, Terry earns $680 per week. He is entitled to 4 weeks annual ...

Terry earns $680 per week. He is entitled to 4 weeks annual leave and receives an additional holiday loading of 17.5%. Calculate his total pay for this holiday period.

Geometry help, One of two complementary angles is 80& of the other. What is...

One of two complementary angles is 80& of the other. What is the degree measure of the smaller angle?

Calcilate the height of the cone of which the bucket , A bucket of height 8...

A bucket of height 8 cm and made up of copper sheet is in the form of frustum of right circular cone with radii of its lower and upper ends as 3 cm and 9 cm respectively. Calculate

Determine the height of building, A 20-foot light post shows a shadow 25 fe...

A 20-foot light post shows a shadow 25 feet long. At the similar time, a building nearby casts a shadow 50 feet long. determine the height of building? a. 40 ft b. 62.5 ft

Fundamental theorem of calculus, Fundamental Theorem of Calculus, Part II ...

Fundamental Theorem of Calculus, Part II Assume f ( x ) is a continuous function on [a,b] and also assume that F ( x ) is any anti- derivative for f ( x ) . Then,

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