Question:

The demand function p = D(x) = -0.2x +39 and the total cost

Last updated: 7/16/2022

The demand function p = D(x) = -0.2x +39 and the total cost

The demand function p = D(x) = -0.2x +39 and the total cost function C(x) = 1.3x2 +8.4x+65 for a particular commodity are given in terms of the level of production x. a. Find the revenue R(x) and profit P(x). b. Find all values of x for which production of the commodity is profitable. a. R(x) = -0.2x² + 39x; P(x) = -1.5x² + 30.6x - 65 b. 2.41 < x < 17.99 a. R(x) = -0.2x² + 39; P(x) = -1.5x² + 30.6x - 65 b. x > 2.41 a. R(x) = -0.2x² + 39x; P(x) = 1.5x² - 30.6x + 65 b. x > 2.41 a. R(x) = -0.2x² + 39: P(x) = 1.5x² - 30.6x + 65 b. 2.41 < x < 17.99