Express The Revenue R As A Function Of X
Express The Revenue R As A Function Of X. What is the maximum revenue? What is the profit function?
Revenue function r (x)xp.profit function p (x)r (x) c (x). Hence the expression of the revenue r is r (x) = − 1 5 x 2 + 20 x And then by multiplying that by x, we get to r.
Chapter 2, Problem 18T (A) To Determine.
What is the profit function? Revenue, r = quantity sold * price. Use correct variable) hey, i'm having trouble determining what variable i'm supposed to isolate.
That Point Is The Vertex Of The Parabola.
C(x) = r(x) = p(x) = where x is the number of units of the commodity produced and sold. 1) write the revenue function $r(q)$ in terms of $q$. Answer by fractalier (6550) ( show source ):
Hence The Expression Of The Revenue R Is R (X) = − 1 5 X 2 + 20 X
R ( x )= ( price per unit) (number of units produced or sold). For each demand equation, express the total revenue r as a function of the price p per item, sketch the graph of the resulting function, and determine the price p that maximizes total revenue in each case. Px=a, where a is a positive constant.
School California State University, Northridge;
That is a quadratic function (parabola), which opens downward, so it has a maximum value, which represents the maximum revenue that can be obtained. Find the break even quantities. What is the maximum revenue?
Revenue = Price Per Unit Time Units Sold So That.
What price should the company charge to maximize revenue? To find the revenue function, use r = x × p. The amount of quantity x that maximizes the revenue and its maximum revenue.
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