Please do 4-5. Please be quick I beg B. The profit and cost functions for the sale of college polo shirts are given byP(x)=650x-8x +7250 and C(x)= 42x -53x-4500 respectively.1.Derive the revenue function.Determine marginal revenue function.11.Determine the marginal profit function.111.1v.Determine the marginal cost functionDetermine the marginal cost at x=45.V.

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B. The profit and cost functions for the sale of college polo shirts are given by P(x)=650x-8x' +7250 and C(x)=42x-53x-4500 respectively. i. Derive the revenue function. Determine marginal revenue function. 11. Determine the marginal profit function. 111. iv. Determine the marginal cost function Determine the marginal cost at x=45. V.

B. The profit and cost functions for the sale of college polo shirts are given by P(x)=650x-8x' +7250 and C(x)=42x-53x-4500 respectively. i. Derive the revenue function. Determine marginal revenue function. 11. Determine the marginal profit function. 111. iv. Determine the marginal cost function Determine the marginal cost at x=45. V.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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