A business sells items according to the following Cost and Revenue functions: C ( x )=30 x

Fantastic news! We've Found the answer you've been seeking!

Question:

A business sells items according to the following Cost and Revenue functions:

C(x)=30x+5800

R(x)=4x2+390x

(a) Find the profit function:

Related Book For answer-question

Calculus With Applications

ISBN: 9780135871348

12th Edition

Authors: Margaret L. Lial

See More Books

Posted Date: Apr 18, 2024 06:26 AM

See More Questions

Assume CAPM is a correct model. Stock A's required rate of return is 12% and Stock B's required rate of return is 10%. Beta of Stock A is 1.2 and Beta of Stock B is 0.8. What is the required rate of...
re Regular Languages and Finite Automata (a) Let L be the set of all strings over the alphabet {a, b} that end in a and do not contain the substring bb. Describe a deterministic finite automaton...
A production supervisor at a major chemical company wishes to determine whether a new catalyst, catalyst XA-100, increases the mean hourly yield of a chemical process beyond the current mean hourly...
Determine: (a) the energy () of air at 150oC, 50 kPa in a 2m3 storage tank. (b) What-if Scenario: What would the energy be if the tank were filled with steam instead?
1) Let a be a constant. Each of following represent a plane a) - 2x+4y-2z=6 boc + 3ay+32=6 6x + (6a-36)g + 6b2 =6 Show that finding the intersection of the 3 planes is equilavant to solving the...
Accounting for Participation Rates Exercises 2.30 and 2.31 show that smokers who agreed to be in the Deposit group (having their own money at risk) were much more likely to quit smoking than those...
Consumers and attorney generals in more than 40 states accused a prominent nationwide chain of auto repair shops of misleading customers and selling them unnecessary parts and services, from brake...
1 . Explain Engels Law 2. How can Engels law be used to explain the increase in demand for workers in the service industries?
Assume that the following events occurred at Lakewood, Incorporated last month. a. Incurred direct labor costs of $1,100,000. b. Completed work on 70 percent of the work in process. Costs are...
Read the case study on how Deloitte helped a large wireless telecommunications company implement platforms to collect, store, and analyze data from across millions of customers and billions of...
If you seek his monument, look around Singapore. Wealthy, orderly, efficient, and honestly governed, it is not the work of Lee Kuan Yew alone. But even his severest critics would agree that Mr. Lee,...
3. 4. your What will future staffing needs be? Use the data at the end of the case to determine answer. Discuss the approach you take to solve the problem and provide your work in an appendix. Be...
What is the number of units to produce and profit that is yielded to make the most profit with the limited given amount of cocoa bean avaliable? William Wonka makes and sells a deluxe chocolate bar...
According to philosopher Thomas Hobbes a social contract is a contract between the ruled and the ruler (s), where individuals have defined rights and duties upon the conditions of the contract....
Write a paper on Evaluating Training Programs For BINZ Inc., Customer Services Department
An interest bearing promissory note for 90 days at 5.6% p.a. has a face value of $120,000. If the note is discounted 20 days after the issue date at a rate of 6.8% p.a., calculate the amount of...
From the following trial balance of G. Foot after his first year's trading, you are required to draw up a statement of profit or loss for the year ending 30 June 2016. A statement of financial...
At the beginning of the financial year on 1 April 2017, a company had a balance on plant account of 372,000 and on provision for depreciation of plant account of 205,400. The company's policy is to...
(a) Distinguish between capital and revenue expenditure. (b) Drake Ltd took delivery of a computer network on 1 July 2016, the beginning of its financial year. The list price of the equipment was...

A business sells items according to the following Cost and Revenue functions: C ( x )=30 x

Question:

Expert Answer:

To find the profit function we need to subtract the cost function ... View the full answer

Calculus With Applications

Students also viewed these finance questions