Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The revenue and cost function for a company that manufactures for washing were determine to be: r(x) = x(200-4x) and c(x) - 160 + 20x

image text in transcribed
The revenue and cost function for a company that manufactures for washing were determine to be: r(x) = x(200-4x) and c(x) - 160 + 20x where x is the number of components in millions and r(x) and c(x) are in millions of dollars. How man's components must be sold in order for the to break, even points are when K(x) R(x) = c(x)) (Round answer to nearest million.) Find the profit equation. ( P(x) = R(x)- C(x)) Determine the maximum profit. How many components must be sold in order to achieve that maximum profile

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

=+ (c) Find a bounded negligible set that is not trifling.

Answered: 1 week ago