Question #ef867

1 Answer
Apr 6, 2017

I am out of my turf here but you seem desperate so...I tried...

Explanation:

The Total Revenue Function should be:
TR=P*Q
from the problem we have that P=(6000-Q)/30
SO:
TR=(6000-Q)/30*Q
TR=(6000Q-Q^2)/30

The Profit Function should be:
Pr=TR-TC
Pr=(6000Q-Q^2)/30-5000-20Q
Pr=(6000Q-Q^2-150000-600Q)/30
Pr=(5400Q-Q^2-150000)/30