For a certain sporting item that is produced in a factory, we have that the income...

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For a certain sporting item that is produced in a factory, we have that the income...

For a certain sporting item that is produced in a factory, we have that the income is given by the function I (x) = x (800-4x), while the cost of production is given by C (x) = 0.4x2 + 8x + 800, where x are the units produced.

The marginal cost, per unit produced, to obtain maximum utility is

a. 81
b. 89
c. 88
d. 80

business economics

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Answer 1

Answer #1

Answera 2 O. Ux 8 n t doo ^ Mc 0.4 (2x) + 8 0.81 +8 Ica) x(800-ya) sooxen uan MR dl(a) Equating the two a for maxinom utcity

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