Question
Quadratic Equations explained in the simpliest form would be helpful. Example: A quadratic revenue function often occurs in practice. The reason is that as more
Quadratic Equations explained in the simpliest form would be helpful.
Example:
A quadratic revenue function often occurs in practice. The reason is that as more units are produced, the price must be lowered in order to sell them all.
a) A company has found that if they produce x units of a product, they must sell them each at $10 - 0.2x if they are to sell all of them. Determine the revenue function.
b) Their fixed costs are $40 and their variable costs per unit are $1. Determine the cost and profit function.
c) Graph all three functions (Revenue, Profit and Cost on the same graph) over an appropriate range.
- I know I would be able to graph no problem - however, what is the best way to graph this on Excel ? My graphs seems to look sloppy when I graph ( not using excel at its fullest potential).
c)
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