Mathematics, 03.05.2020 13:11 phanatthegleektrash
A bakery finds that the price they can sell cakes is given by the function p = 580 − 10x where x is the number of cakes sold per day, and p is price. The total cost function of the company is given by c = (30+5x) 2 where x is previously defined, and c is total cost.
Find the revenue and marginal revenue functions [Hint: revenue is price multiplied by quantity i. e. revenue = price × quantity]
Answers: 1
where 
is the number of cakes sold per day and 
is the price.
where 
is the total cost.
![\frac{d}{dx}[580x-10x^{2} ] =580-20x](/tpl/images/0628/6798/3dade.png)
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A bakery finds that the price they can sell cakes is given by the function p = 580 − 10x where x is...
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