Question
Your firm has determined that the total cost function in manufacturing one unit of handphone set is given by C(x) = 100x + 200,000.
Your firm has determined that the total cost function in manufacturing one unit of handphone set is given by C(x) = 100x + 200,000. The monthly demand for the handphone is given by the equation p= -0.01x + 200. (i) Find the revenue function. (ii) Find the marginal revenue function.
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Advanced Engineering Mathematics
Authors: ERWIN KREYSZIG
9th Edition
0471488852, 978-0471488859
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