The demand function p = D(x) = -0.2x +39 and the total cost function C(x)...
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The demand function p = D(x) = -0.2x +39 and the total cost function C(x) = 1.3x2 +8.4x+65 for a particular commodity are given in terms of the level of production x.a. Find the revenue R(x) and profit P(x).b. Find all values of x for which production of the commodity is profitable.a. R(x) = -0.2x + 39x; P(x) = -1.5x + 30.6x - 65b. 2.41 < x < 17.99a. R(x) = -0.2x + 39; P(x) = -1.5x + 30.6x - 65b. x > 2.41a. R(x) = -0.2x + 39x; P(x) = 1.5x - 30.6x + 65b. x > 2.41a. R(x) = -0.2x + 39: P(x) = 1.5x - 30.6x + 65b. 2.41 < x < 17.99
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