WebRevenue, cost and profit. Profit= Total Revenue - Total cost (π = TR – TC) TR= P x Q; Total cost= Fixed cost + Variable cost (TC= FC + (VC) x Q) TC = AC x Q Problem: Assume that for a good, the demand function is P + Q = 60. Đề cho thêm 1 trong 2 data sau: the average cost function: AC =32Q+ 5; WebNov 21, 2024 · Derive the demand function, which sets the price equal to the slope times the number of units plus the price at which no product will sell, which is called the y-intercept, or "b." The demand function has the …
IMG 0729.jpg - Consider the price-demand equation and cost function …
WebDemand Function Cost Function p = 48 − 0.1 x C = 33x + 450. Find the price that will maximize profit for the demand and cost functions, where p is the price, x is the number … WebMay 24, 2015 · 1 Answer. Sorted by: 1. You should multiply D ( x) by the price of a single unit, to get the total revenue. So if Q is the price of a single unit (which presumably does not depend on x ), you get. P ( x) = Q D ( x) − C ( x) After that you are correct,to maximize this value with respect to x you take the derivative and equate it to 0 (you ... spid blocco
calculus - maximized profit w/ a cost & demand function
WebDemand function. Demand function is what describes a relationship between one variable and its determinants. It describes how much quantity of goods is purchased at alternative … WebFind the price that will maximize profit for the demand and cost functions, where p is the price, x is the number of units, and C is the cost. Demand Function Cost Function p = 71 − 0.1 x C = 26 x + 500 χ per unit Fed the speed v, is miles per hour, that will minimize costs en a 115 -mile deivery trip.The cost per hour for fuel is C dolliss, and the driver is pald w … WebThe new cost function is C(x) =79 +68x—3x> + Tx, 0=x=<100 (B E e (EEE-] P original cost 2. Determine the new value of x that maximizes the company's profit and write as a … spid bonus 18