Searching. The total production cost of 2 pairs of shoes is expected to be given 1 ) = 2² +500x+80000 pesos. The group intends to sell at p(x) = 1000 - 2 What will be the marginal profit when 100 pairs are sold?

Searching. The total production cost of 2 pairs of shoes is expected to be given 1 ) = 2² +500x+80000 pesos. The group intends to sell at p(x) = 1000 - 2 What will be the marginal profit when 100 pairs are sold?

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Question

Transcribed Image Text:4. A group of management students are creating a business plan for their proposed shoe brand Sole Searching. The total production cost of a pairs of shoes is expected to be given by 1 C(x) = x² +500x+80000 pesos. The group intends to sell at p(x) = 1000- pair. pesos per a. What will be the marginal profit when 100 pairs are sold? b. At what production level will the average cost per pair be at a minimum?

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