Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. the demand function p = d(x) = -0.2x +39 and the t

The demand function p = D(x) = -0.2x +39 and the total cost function C(x)...

80.2K

Verified Solution

Question

Basic Math

image

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

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

10.4.36 Determine the? upper-tail critical values of F in each of the following? two-tail tests. a. alphaequals0.05?,...

Basic Math
Q

Which is an example of an antagonistic muscle group? a) Latissimus dorsi and pectoralis major b) Biceps...

Medical Sciences
Q

____ cross the gap, or _____, between adjacent nerves to transmit signals. Select one: a. Muscles;...

Medical Sciences
Q

Write an algorithm to determine if two binary trees are identical when the ordering of the...

Programming
Q

medical services education Which of the following following BEST describes what the items in the...

Biology
Q

ectron is orbiting in a circular orbit under the influence of a constant transverse magnetic...

Physics
Q

Consider the following equation.3x - y = 1Step 2 of 2: Determine the missing coordinate...

Basic Math
Q

HW 9 1 Basic Principles of Hypothesis Testing Question 9 of 9 1 point Question...

Statistics
Q

320 available to fence in a rectangular garden The fencing for the side of the...

Statistics
Q

15 Given a 3 B 5 and a b 7 determine a b

Calculus
Q

Applying Time Value of Money Concepts Complete the missing...

Accounting
Q

Description The project includes 8 steps. Complete Step 1 - 8 by entering the...

Accounting