P= 25- 0.01 xprice -demond equation ond cost function,4) LetCx) = 2x+9000,andOx<2500be there spectively , for the manufacture of umbrellas .a) Express the revenue in terms of x,andfindthe Norginal revenue, average revenue ond morginalfunctions.ノavera ge revenueb) Find thebreak -ever point (s). Graph R=R(x) andCoordinateC-CCx)on the samesystem,ond locateregions of profit and loss.c) Evaluate the Marginal profit at x=lo00. Interpretthe result-Good Luck

The break-even point is a financial concept that represents the level of sales or operations at…

P= 25- 0.01 x price -demond equation and cost function, 4) Let and C(x)= 2x +9000 , be the re spectively , for the manufacture of umbrellas . a) Express the revenue in terms of x, and find the Norginae revenue, average functions. revenue and Marginal avera ge revenue b) Find the -even point (s). Graph R=R(x) nd coordinate system, and locate break C-CCx) on the same regions of profit and loss. c) Evaluate the Marginal profit at x =lo00. Interpret the result-

P= 25- 0.01 x price -demond equation and cost function, 4) Let and C(x)= 2x +9000 , be the re spectively , for the manufacture of umbrellas . a) Express the revenue in terms of x, and find the Norginae revenue, average functions. revenue and Marginal avera ge revenue b) Find the -even point (s). Graph R=R(x) nd coordinate system, and locate break C-CCx) on the same regions of profit and loss. c) Evaluate the Marginal profit at x =lo00. Interpret the result-

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter10: Prices, Output, And Strategy: Pure And Monopolistic Competition

Section: Chapter Questions

Problem 11E

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