A Midwestern factory has been studying there costs and estimates the total costs for an upcoming...
A Midwestern factory has been studying there costs and estimates
the total costs for an upcoming production run can be modeled by
C(x)=36000+90x+x3C(x)=36000+90x+x3 dollars. The total revenue from
the sale of x units is R(x)=2610xR(x)=2610x dollars. Find the
profit function and determine the level of production xx that will
maximum the profit of the factory.
a)The profit function is
P(x)=P(x)= syntax error
b) The production level per week that results in the maximum profit
is
c)The maximum profit is $
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A Midwestern factory has been studying there costs and estimates
the total costs for an upcoming...
A pretzel factory has daily fixed costs of $2300. In addition, it costs 10 cents to...
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3. A certain company has fixed costs of $15,000 for its product and variable costs is...
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Financial Mathematics
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A pretzel factory has daily fixed costs of $2300. In addition, it costs 10 cents to produce each bag of pretzels. A bag of pretzels sells for $1.70. Complete steps(a)- below Quizzes (a) Find the rule for the cost function (x) that gives the total daily cost of producing x bags of pretzels C(x) = 10x + 2300 (Simplify your answer) (b) Find the rule of the revenue function (x) that gives the daily revenue from selling x bags of...
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Financial Mathematics
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