Profit-loss analysis. Use the revenue and cost functions from Problem 64 in this exercise:
where x is thousands of computers, and R(x) and C(x) arc in thousands of dollars. Both functions have domain
(A) Form a profit function P, and graph R, C, and P in the same rectangular coordinate system.
(B) Discuss the relationship between the intersection points of the graphs of R and C and the x intercepts of P.
(C) Find the x intercepts of P and the break-even points.
(D) Refer to the graph drawn in part (A). Does the maxi-mum profit appear to occur at the same value of x as the maximum revenue? Arc the maximum profit and the maximum revenue equal? Explain.
(E) Verify your conclusion in part (D) by finding the value of x that produces the maximum profit. Find the maximum profit and compare with Problem 62B.
Reference of Problem 64:
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.