The cost, in dollars, for a company to produce xCxx xpxxx Find and interpret C

The cost, in dollars, for a company to produce xCxx xpxxx Find and interpret C
widgets is given by () = 5250 + 7.00 for

³ 0, and the price-demand function, in dollars per widget, is () = 45 – 0.02 for 0 £ £ 2250.

(200).

(b) Find and interpret (200). (Note that (x) is the average cost function.)

(c) Find and simplify the expression for the revenue function R(x). (work optional)

(d) Find and simplify the expression for the profit function P(x). (work optional) Note that p(x) and P(x) are different functions.

(e) Find and interpret P(200), where P(x) is the profit function in part (d).

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"