given the following utility function u x 10x2 2600x 60000 where x represents the number of items produced and sold a deter
Question
Given the following utility function:
π(π₯) = 10π₯2 + 2600π₯ β 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(π₯) = 10π₯2 + 2600π₯ β 60000
where π₯ represents the number of items produced and sold.
a) Determine the profit generated by producing and selling unit 101.
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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