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a) A company produces whitening soap. The marginal cost and marginal revenue functions of the product are given as follows. Total cost: C(x) = 2000x2
a) A company produces whitening soap. The marginal cost and marginal revenue functions of the
product are given as follows.
Total cost: C(x) = 2000x2 + 4000x
Marginal revenue: R(x) = 28000 10000x
Where x is the number of units produced and sold.
Find the quantity that will maximize profit if the fixed cost of the product is RM100,000.
queation2: The weekly average cost function, AC(x) and the weekly marginal revenue function, R(x) of a
kitchen cabinet model produced by a company are given as follows.
Average cost: AC(x): 2x 60 + 360
Marginal revenue: R(x): -4x + 916
Where x is the level of production.
find
i: a weekly fixed coat
ii) the increas in revenue when the level of production is increased from 20 to 26 units
iii) tge level of production when the cost is minimized
iv) the weekly profit and price per unit when profit is maximized
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