Steve C.

asked • 07/28/21

Quantitative techniques

a) A manufacturing firm finds that the daily costs of producing x units of a product is given

by:

𝒄 = 𝟎. 𝟎𝟐𝟓𝒙2

+ 𝟏𝟑𝒙 + 𝟏𝟎𝟎

a. If each of the units is sold for Ksh 20, determine the minimum numbers that

must be produced and sold daily to ensure that there is no loss to the company.

(3 Marks)

b. If the selling price is increased by 45%, at what level of production would the

company not incur any losses? (2 marks)

1 Expert Answer

By:

Julia S. answered • 07/28/21

Tutor
New to Wyzant

Calculus Made Manageable

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