Rafael estimates that it costs $14 to produce each unit of a
particular commodity that sells for $23 per unit. There is also a
ﬁxed cost of $1,200.
1 Express the cost C (x ), the revenue R (x ) and the proﬁt P (x )
Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga.
Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus.
Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
so P(X) isn't 9x-1200
The profit=revenue-cost. The cost has a variable part (14x) and a fixed part (1200).
Not the answer you are looking for? Search for more explanations.
In other words, P(x)=R(x)-C(x)
so how would you find the average profit function AP(x)?
and smallest number of units needed to produce for a profit?
To answer your question if P(x)=9x-1200 is correct, the answer is yes it is correct because if you simplify P(x)=23x-(14x+1200), then you get P(x)=9x-1200.
The average profit is calculated by dividing by the numberof units produced. This comes out to:
To find the samllest number of units needed to get a profit you do the following:
Therefore, the smallest number of units needed to get a profit is 134. If you substitute this value into P(x)=9x-1200, you get:
so do you express R(x) when x units of product are sold at p thousand dollars per unit where p=-6x+100
If I understand your question, then I get the following:
just to verify...
how would you express revenue for a product that sells for 110/unit. total cost is fixed overhead of 7500 plus production cost of 60/unit
would it be:
ok. so how would you find P(x) with the price of unit is p=4.2- 0.01x and the cost of production is C(x)=0.002x^2 + 30
With p=4.2-0.01x and C(x)=0.002x^2+30 doesn't look right to me because this will work out to be negatives as follows:
Unless there is something missing, the above indicates that it comes out to being a negative with no profit.
yea. that's what I got, just wasn't sure about it