evaluate (a) lim x→ x^2 - 36/x^2 + 5x - 6 (b) the demand curve of a firm is p= -10q + 5900 and its average cost is A(q) = 2q^2 - 4q + 140 + 845/q. where q is the firm's output produced and sold. 1. derive an expression for the total revenue of the firm. 2. derive an expression for the firm's total profit function 3. derive an expression for the rate of change of profit function of the firm. 4. is the rate of change of profit increasing or decreasing when the firm's output level is q= 50? 5. determine the level of output for which the total profit of the firm is maximized 6. what is the firm's maximum profit
evaluate (a) lim x→ x^2 - 36/x^2 + 5x - 6 (b) the demand curve of a firm is p= -10q + 5900 and its average cost is A(q) = 2q^2 - 4q + 140 + 845/q. where q is the firm's output produced and sold. 1. derive an expression for the total revenue of the firm. 2. derive an expression for the firm's total profit function 3. derive an expression for the rate of change of profit function of the firm. 4. is the rate of change of profit increasing or decreasing when the firm's output level is q= 50? 5. determine the level of output for which the total profit of the firm is maximized 6. what is the firm's maximum profit
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.5: Rational Functions
Problem 7E
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evaluate
(a) lim x→ x^2 - 36/x^2 + 5x - 6
(b) the demand curve of a firm is p= -10q + 5900 and its average cost is
A(q) = 2q^2 - 4q + 140 + 845/q. where q is the firm's output produced and sold.
1. derive an expression for the total revenue of the firm.
2. derive an expression for the firm's total profit function
3. derive an expression for the rate of change of profit function of the firm.
4. is the rate of change of profit increasing or decreasing when the firm's output level is q= 50?
5. determine the level of output for which the total profit of the firm is maximized
6. what is the firm's maximum profit
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