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

Marketing, What''s the price for a Marketing plan assignment ( postgraduate...

What''s the price for a Marketing plan assignment ( postgraduate)5000 words?

Calculus, what is a domain of a function?

what is a domain of a function?

Parallel lines, Parallel to the line specified by 10 y + 3x= -2 In this...

Parallel to the line specified by 10 y + 3x= -2 In this case the new line is to be parallel to the line given by 10 y ? 3x ? -2 and so it have to have the similar slope as this

Area and perimeter, a garden is constructed with a 3ft patio all around how...

a garden is constructed with a 3ft patio all around how would you give the expression for the area of the garden, excluding the patio

Evaluate the integral, Example:   If c ≠ 0 , evaluate the subsequent integr...

Example:   If c ≠ 0 , evaluate the subsequent integral. Solution Remember that you require converting improper integrals to limits as given, Here, do the integ

Calculate the limit of f (-4), Let's take a look at one more example to ens...

Let's take a look at one more example to ensure that we've got all the ideas about limits down that we've looked at in the last couple of sections. Example: Given the below gr

Solving whole number riddles, What is the answer for I am greater than 30 a...

What is the answer for I am greater than 30 and less than 40. The sum of my digits is less than 5.

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