Question 1200810: Windies Cricket manufactures Windies supporter jerseys. The quantity q, of these
jerseys demanded weekly is related to the wholesale price per jersey p, by the
following equation:
𝑝 = −0.006𝑞 + 15
The weekly total cost incurred by Windies Cricket for producing q jerseys is:
𝐶(𝑞) = 38𝑞 − 0.02𝑞
2 + 30,000
a. Determine an expression to represent the weekly Revenue function.
b. Determine an expression to represent the weekly Profit function.
c. Calculate the weekly Revenue when ten dozen jerseys are produced and sold.
d. Will Windies Cricket record a loss or profit if they were to produce and sell 2450
jerseys?
e. If Windies Cricket wishes to maintain a total cost less than $42,000.00, what
range(s) of Windies jerseys should be produced.
f. Calculate the equilibrium price and quantity for Windies jerseys
Answer by ikleyn(52803)   (Show Source):
You can put this solution on YOUR website! .
As I see from this post /(and from a series of other posts), somebody wants to harness the tutors,
in order for they plow for him (or for her), performing his (or her) job.
It is a bad way to use the tutors' intellectual power.
We, the tutors, are here to teach you; not to perform your job.
Think about it.
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