supermarket sells two brands of coffee brand A pounds). x = 150-5p+3q y=300+4p-7q Find the daily revenue function Rip.a). Evaluate RO Rip.a) = R(2.3)=S (Simplify your answer) R(32)-S (Simplify your answer.)
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- The profit function in dollars for a product is given -x^3+76x^2-380x-2800 where x is the number of units produced and sold. If break even occurs when 10 units are produced and sold find a quadratic factor of the profit function and find a number of units other than 10 that gives break even for the product.Complete all of the following definitionsShow Complete Solutions
- A firm wants to minimize cost when Q=160=2√KL ;r=4 k=2 a) write out the Lagrangian function b) Find K* and L* c).Is the second-order sufficient condition for minimum satisfied?Given: TC = 100 + 60Q – 12Q2 + Q3. Solve the level of output at which the AVC curve is in minimum. With proper solution.Jims diner is just about to open in memphis, tennessee. however, jim is trying to decide whether he wants to offer coke or pepsi soda products. he determines that, to offer either product, he will have to spend $1500 in sunk costs to purchase and install the appropriate paraphernalia. Ultimately, he chooses to offer coke products and agrees to pay coke 5 cents per ounce of coke sold for the right to use its product. After jim makes the investments specific to his soda choice, coke returns and asks for a fixed (One-time) fee in addition to 5 cents per ounce. What is the most jim should be willing to pay? explain
- (You will need to use a spreadsheet to tackle these questions.) 1. How much of q can be produced for £60,000 if the total cost function is TC = 86 + 152q − 12q2 + 0.6q3? 2. What output can be produced for £150,000 if TC = 130 + 62q − 3.5q2 + 0.15q3? 3. Solve for x when 0 = −1,340 + 14x + 2x2 − 1.5x3 + 0.2x4 + 0.005x5 − 0.0002x6The demand and supply for a whole pizza in Mr Hot’s Market are given by the equations, Qd = 6,300 – 530P and Qs = 1,200 + 150P. What is the Statement of the Problem?Consider the chart below. Which of the following statements is correct? Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism.Answer completely and accurate answer.Rest assured, you will receive an upvote if the answer is accurate.
- the mahogany cabinet and furniture company makes chairs. the fixed coat per month of making chairs is $7500 and the variable cost per chair is $40. price is related to demand, according to the following linear equation: v = 400 - 1.2p develop the nonlinear profit function for this company and determine the price that will maximize profit, the optimal volume, and the maximum profit per monthGive me correct and accurate answer with graph Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.Is this correct? Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.