Graphs of the cost C(x), revenue R(x) and the profit P(x), in thousands of dollars, are...
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Graphs of the cost C(x), revenue R(x) and the profit P(x), in thousands of dollars, are shown, where x is the number of thousands of items produced (a) Use the graph to find the formula for the revenue R(x) (b) The profit is given by P(x) = -x3 + 15x-48x-5. What is the formula for the cost function C(x)? (c) Report the fixed costs. (d) Report the minimum marginal cost (e) What is the largest profit possible? (a) Use the graph to find the formula for the revenue R(x) R(x)= (b) The profit is given by P(x) = -x3 + 15x-48x-5. What is the formula for the cost function C(x)? C(x) = (c) Report the fixed costs. The fixed costs are thousand dollars. (d) Report the minimum marginal cost. The minimum marginal cost is level of thousand units. (e) What is the largest profit possible? thousand additional dollars per unit, which occurs at a production The largest profit possible is produced. thousand dollars which occurs when thousand units are 330 300- 270- 240- 210- 180- 150- 120- 90- 60- 30- thousands of dollars 7 8 -30- -60- items produced, x (in thousands) 6 10 11 G Graphs of the cost C(x), revenue R(x) and the profit P(x), in thousands of dollars, are shown, where x is the number of thousands of items produced (a) Use the graph to find the formula for the revenue R(x) (b) The profit is given by P(x) = -x3 + 15x-48x-5. What is the formula for the cost function C(x)? (c) Report the fixed costs. (d) Report the minimum marginal cost (e) What is the largest profit possible? (a) Use the graph to find the formula for the revenue R(x) R(x)= (b) The profit is given by P(x) = -x3 + 15x-48x-5. What is the formula for the cost function C(x)? C(x) = (c) Report the fixed costs. The fixed costs are thousand dollars. (d) Report the minimum marginal cost. The minimum marginal cost is level of thousand units. (e) What is the largest profit possible? thousand additional dollars per unit, which occurs at a production The largest profit possible is produced. thousand dollars which occurs when thousand units are 330 300- 270- 240- 210- 180- 150- 120- 90- 60- 30- thousands of dollars 7 8 -30- -60- items produced, x (in thousands) 6 10 11 G
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