a manufacturer knows that if x hundred of products are demanded in a particular week his total cost function would be TC=14+3x and the coreesponding revenue function TR+19x-2x2
derive the profit function
find the breakeven point
calculate the level of demand that maximizes the profit of the company and hence calculate the maximum profits
The answer to the question is available in the PDF file https://www.assignmentexpert.com/https://www.assignmentexpert.com/homework-answers/mathematics-answer-88266.pdf
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
APPROVED BY CLIENTS
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Comments
Leave a comment