Mathematics, 17.12.2020 22:40 tishfaco5000
Earl’s Biking Company manufactures and sells bikes. Each bike costs $40 to make, and the company’s fixed costs are $5000. In addition, Earl knows that the price of each bike comes from the price function, p(x) = 300 -2x. (x = quantity produced)
Determine:
1. The company’s revenue function, R(x). (10%)
R = (quantity) ( price)
R = x ( 300-2x)
R = 300x - 2x2 Answer
2. The company’s expense function, E(x). (30%)
3. The company’s profit function, P(x)
4. If the company produced 750 bikes in a month, how much profit would the company make?
Answers: 1
Mathematics, 21.06.2019 16:30
Hillel is juggling flaming torches to raise money for charity. his initial appearance raises $500\$500 $500 , and he raises $15\$15 $15 for each minute of juggling performance. the amount rr r of money hillel raises is a function of tt t , the length of his performance in minutes. write the function's formula.
Answers: 1
Earl’s Biking Company manufactures and sells bikes. Each bike costs $40 to make, and the company’s f...
English, 05.07.2019 17:00
Physics, 05.07.2019 17:00
History, 05.07.2019 17:00
Computers and Technology, 05.07.2019 17:00
Mathematics, 05.07.2019 17:00
Mathematics, 05.07.2019 17:00
Mathematics, 05.07.2019 17:00
Mathematics, 05.07.2019 17:00
Mathematics, 05.07.2019 17:00
Mathematics, 05.07.2019 17:00
Chemistry, 05.07.2019 17:00
Mathematics, 05.07.2019 17:00