Question

IV. Verbal problem The ACME co-company plans to market the Electro-XXX. The marketing department has developed...

IV. Verbal problem

The ACME co-company plans to market the Electro-XXX. The marketing department has developed the following equations.

a.Find Equation for Profit (Income R (x)) from the next marginal profit equation. Assume constant C=$2,000
R'(x) = -0.04x+800

b. Find the Cost equation from the following marginal cost equation. Assume fixed costs of $ 1,000
C'(x) = 0.02x+400

c. Determine the equation for total profit (Profit P (x)). re.

d. For the manufacturing of x=800 what will be the total profit?

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