Calculate the maximum loss, given the marginal revenue function R'(x) = x2 and marginal cost function C'(x) = 4 - 3x. (Hint: Integrate the marginal profit function over the region where C'(x) > R'(x) for x>0.
![]() |
Calculate the maximum loss, given the marginal revenue function R'(x) = x2 and marginal cost function C'(x) = 4 - 3x. (Hint: Integrate the marginal profit function over the region where C'(x) > R'(x) for x>0.
First, it's a bit hard to understand the question since the formulas don't appear proprly. I will assume that what you have is this:
whereis the marginal cost function and
is the marginal revenue function. Please confirm.
The marginal loss is the difference between the marginal cost and the marginal revenue:
.
The total loss at any point A is the integral of this:
So, to find the point A that gives the maximum loss you need to first solve for C(x) = R(x). Then perform this integral to find the amount of the loss at that point.
All times are GMT -7. The time now is 12:51 PM. |