BMZ Academy
CONTACT @ 061 262 1185/068 053 8213/0717513144
CONTACT BMZ Academy @ 061 262 1185/068 053 8213/0717513144
, BMZ ACADEMY
C = a + bQ
40 = a + 10b: a = 40 – 10b
70 = a + 20b
70 = 40 – 10b + 20b
70 = 40 +10b
30 = 10b
3=b
a = 40 – 30 = 10
C of producing 35 units = 10 + 3*35 = R115,00
CONTACT BMZ Academy @ 061 262 1185/068 053 8213/0717513144
, BMZ ACADEMY
TR = total output (Q) multiplied by price (P) per unit = QP ****************
TR = (6000-30P)P = 6000P – 30P2
CONTACT BMZ Academy @ 061 262 1185/068 053 8213/0717513144
, BMZ ACADEMY
Profit = Total Revenue (TR) – Total Cost (C(Q))
TR = 6000P – 30P2 – (5000 + 2Q)
6000P – 30P2 – (5000+2(6000-30P))
6000P – 30P2 – 5000 – 12000 + 60P
6060P – 30P2 - 17 000
TR = – 30P2 + 6060P -17 000
CONTACT BMZ Academy @ 061 262 1185/068 053 8213/0717513144