Thus, the formula of the revenue function is R(x) = p ∗ x. Having derived the total cost function (either long run or short run), we can now solve for the profit- maximizing output level, x*. Profit Maximization by a Competitive Firm Having derived the. Write a formula for revenue as a function of the number sold. profit is $24,999,750 and occurs when 50,000 items are sold. Suppose the Sunglasses Hut Company has a profit function given by P (q) the number of thousands of pairs of sunglasses sold and produced, and P (q) is the total profit, in thousands of dollars, from selling and producing q pairs of = - 0.02q? + 3q – 28, where q is sunglasses. Answer: dollars of maximum profits can be expected. a) The revenue function ( 2 marks) b) Find the profit function ( 2 marks ) c) How many mobile phones must be manufactured to get maximum d) What is the maximum weekly profit? ( 3 marks) e) How much should the company charge for a … Answered: Suppose the Sunglasses Hut Company has… | bartleby. Transcribed image text: Answer the questions in detail in the box provided using the toolbar.
#SCANDIT BARCODE GENERATOR HOW TO#
Since profit is the difference between revenue and cost, the profit functions … i just need explanation on how to solve revenue |. Note we are measuring economic cost, not accounting cost. The equation for the cost function is C = $40,000 + $0.3 Q, where C is the total cost. Basically … Revenue, Cost, and Profit Functions - GitHub Pages. The function receives a pointer to an array, and a corresponding array size. Find the biggest profit that could have been made by first buying and then selling the stock. Find the max profit (max - min) in an array of values using c++.
0 kommentar(er)
