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

Differential equations, Find the normalized differential equation which has...

Find the normalized differential equation which has {x, xex} as its fundamental set

Range of f(x) =4^x+2^x+1 is, Taking 2^x=m and solving the quadratic for get...

Taking 2^x=m and solving the quadratic for getting D>=0 we get range= [3/4 , infinity )

Proof of constant times a function, Proof of Constant Times a Function: ...

Proof of Constant Times a Function: (cf(x))′ = cf ′(x) It is very easy property to prove using the definition given you a recall, we can factor a constant out of a limit. No

What is the maximum amount of hours cindy worked together, Carl worked thre...

Carl worked three more than twice as many hours as Cindy did. What is the maximum amount of hours Cindy worked if together they worked 48 hours at most? Let x = the amount of h

Compute the linear convolution, Compute the linear convolution of the discr...

Compute the linear convolution of the discrete-time signal x(n) ={3, 2, 2,1} and the impulse response function of a filter h(n) = {2, 1, 3} using the DFT and the IDFT.

Use mathematical induction and prove equation, 1. Use mathematical inductio...

1. Use mathematical induction to prove whenever n is a positive integer. 2. Use loop invariant to prove that the program for computing the sum of 1,...,n is correct.

Find the larger of two supplementary angles, The larger of two supplementar...

The larger of two supplementary angles exceeds the smaller by 180, find them. (Ans:990,810) Ans:    x + y = 180 0          x - y =  18 0        -----------------

Prerequisite, Is prerequisite multipcation or addition

Is prerequisite multipcation or addition

Complex numbers, A number of the form x + iy, where x and y are real and na...

A number of the form x + iy, where x and y are real and natural numbers and is called as a complex number. It is normally given by z. i.e. z = x + iy, x is called as the real part

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