Question: QUESTION FIVE ( 2 0 MARKS ) ( a ) The FrezMore Company has determined that its cost o f producing x refrigerators can b
QUESTION FIVE MARKS
The FrezMore Company has determined that its cost producing refrigerators can
modeled
where the number refrigerators produced each week and represent the weekly
dollars. The company also determines that the pricedemand function for the refrig
erators
Determine the revenue function
Determine the profit function for the refrigerators.
Determine the marginal profit function
Compute and interpret the result.
Investigate the behaviour
Draw a graph the function for xin
When a new product introduced the market, sales often follow a pattern rapid initial
growth followed some levelling off. For a certain new candy bar, this pattern modelled
where the number units sold after months.
How many units were sold after months?
Determine and interpret.
Evaluate
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