What is the revenue function R(n), total cost function C(n) and profit Function,P(n) of this manufacturer in the following case:A particular notebook company has a price/demand function of...

What is the revenue function R(n), total cost function C(n) and profit Function,P(n) of this manufacturer in the following case:

A particular notebook company has a price/demand function of p(n)=1190-36n dollars, where n is the number in thousands of computers sold in the market. The manufactures fixed cost of operations is 4,320 dollars while the variable cost of production 146 per computer.

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justaguide | College Teacher | (Level 2) Distinguished Educator

Posted on

The question has been altered as you are not allowed to ask multiple questions in a single post.

The price demand function of the company is `p(n)=1190-36n` .

The revenue function is `R(n) = n*p(n) = 1190n-36n^2` .

The total cost is the sum of fixed cost and variable costs and is given by `C(n) = 4320+146n` .

The profit function is `P(n) =R(n)-C(n)=-4320+1044n-36n^2 `

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