Tag: business mathematics and statistics
Questions Related to business mathematics and statistics
If we differentiate the cost function: $y = \dfrac{x^4}4 + 2x^2$, we get
A ABC firms start producing pens and finds that the production cost of each pen is Rs $10$. and the fixed expenditures of production is Rs 4500. If each pen is sold for Rs 25 , determine cost function.
A company sells its product at the rate of Rs. $6$ per unit. The variable costs are estimated to run $25\%$ of the total revenue received. If the fixed costs for the product are Rs. $4500$. Find the break even point.
A company sells its product at the rate of Rs $6$ per unit . The variable costs are estimated to run 25% of the total revenue received. If the fixed costs for the product are Rs $4500$.
Find the total revenue function.
A firm $ABC$ starts producing pens and finds that the production cost of each pen is Rs $10$, and the fixed expenditures of production is Rs. $4500$. If each pen is sold for Rs. $25$, find Revenue function
A firm $ABC$ starts producing pens and finds that the production cost of each pen is Rs $10$, and the fixed expenditures of production is Rs. $4500$. If each pen is sold for Rs. $25$, find break-even point.
A company sells its product at the rate of Rs. $6$ per unit. The variable costs are estimated to run $25\%$ of the total revenue received. If the fixed costs for the product are Rs. $4500$. Find the total cost function.
A company sells its product at the rate of Rs. $6$ per unit. The variable costs are estimated to run $25\%$ of the total revenue received. If the fixed costs for the product are Rs. $4500$. Find the profit function.
Find the elasticity of supply when price $5$ units. Supply function is given by $q = 25 - 4p +p^2$
Find the elasticity of supply for supply function $x = 2p^2+5$, when $p=3$.