Question:

A company manufactures microchips The Revenue function is

Last updated: 4/30/2023

A company manufactures microchips The Revenue function is

A company manufactures microchips The Revenue function is given by R x 75x 3x and the Cost function is given by C x 125 16x where x is millions of chips produced and R and C are millions of dollars 1 x 25 How many million chips should be produced to maximize Revenue B What are the fixed costs C Find the Profit function 5 400 200 200 400 600 800 5 10 15 20 29 x from 5 to 75x 3x E Find the two values where Profit 0 16x 125 D What is the average cost for producing 6 million microchips