document.write( "Question 1094834: The demand function for a good is given as , where p is the price (in dollars) per unit of the good and q is the quantity sold (in units). The total cost of producing 10 units of the good is $50 and that of producing 20 units is $70.
\n" ); document.write( "a. Find the quadratic revenue function in terms of quantity produced and sold q.
\n" ); document.write( "b. Write the restricted domain and the restricted range of the revenue function.
\n" ); document.write( "c. Assume the relationship between quantity produced and total cost is linear, write down the total cost function in terms of quantity produced q.
\n" ); document.write( "d. Find the break-even production and sales level.
\n" ); document.write( "e. How many units should be produced and sold in order to get the maximum profit? (6 marks)
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Algebra.Com's Answer #791677 by Dicky(1) $\"\"$ $\"About$

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