A firm's revenue function from the sale of S21 is R(x) = 2x² - 9x - 221 and the firm's total cost function is given by C(x) = -x² + 4 where x represents the level of demand for S21. i. How many S21 would the firm be required to produce and sell to record total revenue of zero? ii. [5 marks] Write an algebraic expression to represent the profit function for the firm. [3 marks] 2

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter7: Rational Expressions And Functions
Section7.6: Solve Rational Inequalities
Problem 7.118TI: The function C(x)=5x+900 represents the cost to produce x, number of items. Find ? the average cost...
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A firm's revenue function from the sale of S21 is R(x) = 2x² - 9x - 221 and the
firm's total cost function is given by C(x) = -x² + 4 where x represents the level
of demand for S21.
i. How many S21 would the firm be required to produce and sell to record
total revenue of zero?
ii.
[5 marks]
Write an algebraic expression to represent the profit function for the firm.
[3 marks]
2
Transcribed Image Text:A firm's revenue function from the sale of S21 is R(x) = 2x² - 9x - 221 and the firm's total cost function is given by C(x) = -x² + 4 where x represents the level of demand for S21. i. How many S21 would the firm be required to produce and sell to record total revenue of zero? ii. [5 marks] Write an algebraic expression to represent the profit function for the firm. [3 marks] 2
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