Step 1: \ \
\The company makes thing-a-ma-bobs has a start up cost of . \ \
It costs the company to make each thing-a-ma-bob.
The company charges for each thing-a-ma-bob is .
(a)
\Find the cost function for this company . \ \
Let -represent the number of thing-a-ma-bobs made. \ \
(b)
\Write the revenue function for this company .
(c)
\Write the profit function for this company .
Substitute .
(d)
\Find the minimum number of thing-a-ma-bobs that the company.
\The company must produce and sell to make a profit of minimum number of thing-a-ma-bobs.
Solution:
\(d) The company minimum number of thing-a-ma-bobs is
\ \