Question: Given that price per unit (PhP) = 2,000 D/10, where D is the annual demand (units) and total cost per year can be approximated

Given that price per unit (PhP) = 2,000 – D/10, where D is the annual demand (units) and total cost per year can be approximated by PhP 2,000 + 2D2.


a. How do you know you haven’t minimized profit?

b. What is the maximum profit (PhP) per year?

Step by Step Solution

3.51 Rating (141 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Answer a First derivative ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!