Explore BrainMass

Explore BrainMass


    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    The weekly demand and cost functions for a product are

    p= 1.89 - 0.0083x and c= 21+ 0.65x

    write the profit function for this product.

    find the marginal cost of the function.

    C= 475 + 5.25x^2/3

    find the marginal revenue function.

    R= x(5+ 10/ sqrt(x)

    Find the marginal profit function.

    P= 1/15x^3 + 4000x^2 - 120x - 144,000

    © BrainMass Inc. brainmass.com December 24, 2021, 5:13 pm ad1c9bdddf

    Solution Preview

    (a) Total Revenue = Px = 1.89x - 0.0083x^2
    Total Profit = Total Revenue ...