Mathematics, 13.11.2020 04:30 baby092000
(a) The cost function and price per unit function of selling x unit of chair are
C(x) = 0.1x2 + 2x + 500 and p(x) = 200 β x respectively. Calculate the:
1. revenue function (2 marks)
2. marginal cost when 5 units of chairs are produced (3 marks)
3. maximum profit (10 marks)
(b) Differentiate the following function with respect to x.
1. y = 12x-3 + 5x2β 9x + 15
(2 marks)
2. y = 6x6 - 7x -2 / x3
3. y = x + 1 / 2x - 7
Answers: 2
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(a) The cost function and price per unit function of selling x unit of chair are
C(x) = 0.1x2 + 2x...
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