Question
Given the following utility function: 𝑈(𝑥) = 10𝑥2 + 2600𝑥 − 60000 where 𝑥 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: 𝑈(𝑥) = 10𝑥2 + 2600𝑥 − 60000 where 𝑥 represents the number of items produced and sold. a) Determine the profit generated by producing and selling unit 101.
Jayne
4.497 Answers
Para esta pregunta, podemos sustituir x = 101 en la función.
U(101)
=10\cdot101^2+2600\cdot101-60000
=102.010+262.600-60.000
=304,610
Respuesta: 304610
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