anonymous
  • anonymous
The marginal cost and marginal revenue for a particular product is given by mr=380-2x and mc=4x=20 where x units are produced and sold per week. [a] determine the total cost and total revenue in terms of x if the company breaks even at70 units per week.
Mathematics
katieb
  • katieb
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anonymous
  • anonymous
-20?
anonymous
  • anonymous
How did you get that?
anonymous
  • anonymous
mc=4x=20 no just asking

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anonymous
  • anonymous
Oh yeah, Marginal Cost=4x-20 I think.
King
  • King
is it mc=4x=20 or mc=4x-20?
anonymous
  • anonymous
to get the total revenue or total cost, you need to integrate the marginal cost and marginal revenue.So, TR = 380x-x^2 and TC = 2x^2 -20x

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