Suppose that the marginal revenue for a certian type of tires is MR 5 MC = 12x + with a fixed cost of $0. Assume R(0) =

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Suppose that the marginal revenue for a certian type of tires is MR 5 MC = 12x + with a fixed cost of $0. Assume R(0) =

Post by answerhappygod »

Suppose That The Marginal Revenue For A Certian Type Of Tires Is Mr 5 Mc 12x With A Fixed Cost Of 0 Assume R 0 1
Suppose That The Marginal Revenue For A Certian Type Of Tires Is Mr 5 Mc 12x With A Fixed Cost Of 0 Assume R 0 1 (37.96 KiB) Viewed 11 times
Suppose that the marginal revenue for a certian type of tires is MR 5 MC = 12x + with a fixed cost of $0. Assume R(0) = 0. 52+1 a) Find the revenue function. R(x) = 335x 3x² b) Find the cost function. C(x) = = x = c) How many units will result in a maximum profit? (Round to 1 decimal place.) d) The profit at the point found in part (c)? Profit = 6x² + ln (5x + 1) ✓ (please include the absolute value) = (Round to the nearest whole.) 335 6x and the marginal cost is
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply