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Category > Calculus Posted 31 May 2017 My Price 8.00

cost function

Shanuki is good at doodling and she plans to start a business to print T shirts with her own doodling. Her father is ready to help her to start the business. She found that the fixed cost to start the business is Rs. 25000 and to print one T - shirt with doodling, the cost is Rs. 950. Further the special cost is estimated as 0.025x^2, where x is the number of T-shirts they are going to print. It is calculated that she can sell a doodling T shirt for about Rs. 1500/=.

 

(a) Write the cost function, Revenue function and profit function

(5 marks)

 

(b) How many T shirts Shanuki should print to run her business without a loss or profit?

(4 marks)

 

(c) How many T-shirts Shanuki needs to print in order to maximize her profit?

(5 marks)

 

(d) What is the maximum profit she can earn?

(3 marks)

 

(e) If the company sells 250 T-shirts during the first year, compute the average cost of each T-shirts.

(3 marks)

Answers

SuperTutor
(15)
Status NEW Posted 31 May 2017 01:05 AM My Price 8.00

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