2 Answered Questions for the topic Profit Function

11/17/20

P=245−x50 and C(x)=46000+60x, x is the number of microwaves that can be sold at a price of p dollars and C(x) is the cost of production

Find the profit function in terms of x. P(x) = Evaluate the marginal profit function at x=1500. P′(1500) =

10/03/17

A firm has to pay fixed costs of K1,500 plus another K60 for each unit produced. How much can it produce for a budget of K4,800

A firm has to pay fixed costs of K1,500 plus another K60 for each unit produced. How much can it produce for a budget of K4,800

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