Question

Given the following utility function: π‘ˆ(π‘₯) = 10π‘₯2 + 2600π‘₯ βˆ’ 60000 where π‘₯ represents the number of items produced and sold. a) Determine the profit generated by producing and selling unit 101.

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Answer to a math question Given the following utility function: π‘ˆ(π‘₯) = 10π‘₯2 + 2600π‘₯ βˆ’ 60000 where π‘₯ represents the number of items produced and sold. a) Determine the profit generated by producing and selling unit 101.

Expert avatar
Jayne
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84 Answers
Para esta pregunta, podemos sustituir x = 101 en la funciΓ³n. U(101) =10\cdot101^2+2600\cdot101-60000 =102.010+262.600-60.000 =304,610 Respuesta: 304610

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