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) =
Posted: Wed Jul 06, 2022 12:39 pm
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