jmoreno486
jmoreno486
19.10.2021 • 
Mathematics

A company sells y bags of cement at GH¢x per bag. The demand function for bags of cement is given by: x = 300 − 0.02y. The cement cost GH¢30 a bag to manufacture, plus there are fixed costs of GH¢9000 per bag. Find the quantity y where profit is maximized

Solved
Show answers

Ask an AI advisor a question