Mathematics, 20.09.2021 01:00, nnaomii

If fixed costs are 30, variable costs per unit are Q + 3 and the demand function is P + 2Q = 50
show that the associated profit function is
π = −3Q2 + 47Q − 30.
Find the break-even values of Q and deduce the maximum profit.

Answers: 1

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If fixed costs are 30, variable costs per unit are Q + 3 and the demand function is P + 2Q = 50

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If fixed costs are 30, variable costs per unit are Q + 3 and the demand function is P + 2Q = 50 show that the associated profit function is π = −3Q2 + 47Q − 30. Find the break-even values of Q and deduce the maximum profit.

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If fixed costs are 30, variable costs per unit are Q + 3 and the demand function is P + 2Q = 50
show that the associated profit function is
π = −3Q2 + 47Q − 30.
Find the break-even values of Q and deduce the maximum profit.