Suppose you are the manager of a firm. The accounting department has provided cost estimates, and the sales department sales estimates, on a new product. Analyze the data they give you, determine what it will take to break even, and decide whether to go ahead with production of the new product. The product has a production cost function C(x) = 375x+6,375 and a revenue function R(x) = 500x. The break-even quantity is units. .....

A product is sold at RM5 a unit. The total cost fimction is given as A. 2000 C(x) 60+1.2x+0.001x where x is the level of output. Find the level of output B. 1700 which will maximize profit. C. 1900 D. 1800

A. Find the average cost function for ? televisions produced. B. Find the instantaneous rate of change of the average cost function.

A company sells its product for 53ドル each. They can produce each product for 27ドル each and they have fixed costs of 8,700ドル. Using x to represent the number of items produced/sold, find the following functions: Cost function: C(x)=

Suppose that Alexander’s Coffee Shop has fixed costs of 18ドル and variable costs per unit of 4ドル. The demand function for the coffee shop is P = 24 − 2Q. Given the demand and cost functions, calculate the maximum profit that Alexander’s Coffee Shop can earn.

Cost, revenue, and profit are in dollars and x is the number of units. If the marginal cost for a product is MC = 2x + 20 and the total cost of producing 30 units is 2000,ドル find the cost of producing 45 units. X $