subject
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?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 22.06.2019 00:30
You borrow $25,000 to buy a boat. the simple interest rate is 4%. you pay the loan off after 10 years. what is the total amount you paid for the loan?
Answers: 1
question
Mathematics, 22.06.2019 03:00
Linda and ralph have signed a contract to purchase a home. the closing date is april 27, and the buyer owns the property on the day of closing. the selling price of the home is $782,500. linda and ralph obtained a fixed-rate mortgage from a bank for $685,000 at 7.35% interest. the seller has already paid $14,578.15 in property taxes for the coming year. how much will linda and ralph owe in prorated expenses? (3 points) $64,925.65 $34,347.06 $10,496.82 $9,945.06
Answers: 3
question
Mathematics, 22.06.2019 04:20
Avegetable farmer fills of a wooden crate with of a pound of tomatoes. how many pounds of tomatoes can fit into one crate? a. 14/15 of a pound b. 2 1/10 pounds c. 1 1/14 pounds d. 10/21 of a pound
Answers: 1
question
Mathematics, 22.06.2019 04:30
How many square feet of outdoor carpet will we need for this whole?
Answers: 1
You know the right answer?
Earl’s Biking Company manufactures and sells bikes. Each bike costs $40 to make, and the company’s f...
Questions
question
Mathematics, 26.08.2019 04:20
question
Social Studies, 26.08.2019 04:20
question
Biology, 26.08.2019 04:20
Questions on the website: 13722359