A company has
Fixed costs: $23500
Variable costs: 2/5x+222 dollars PER UNIT, with x being th...
Mathematics, 26.10.2021 07:20 quee31
A company has
Fixed costs: $23500
Variable costs: 2/5x+222 dollars PER UNIT, with x being the total number of units produced.
Selling price: 1275-3/5x dollars PER UNIT.
a) Write the cost function.
b) Write the revenue function.
c) Find the maximum profit and the level of production that will achieve the maximum profit.
(DO NOT use calculus to solve. This is not a calculus course and the derivative is not the answer here.)
Answers: 1
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