Digicel’s profit function for the sale of S21 is as follows:
π(q) = −2q²+350q-150
The selling price per S21 is given by the function:
p = 600 − 2q
Where q represents the number of S21 (in thousands), cost and revenue are in thousand of dollars.
Using the information provided above, determine the following:
a. Total Cost function.
π(q) = −2q²+350q-150
The selling price per S21 is given by the function:
p = 600 − 2q
Where q represents the number of S21 (in thousands), cost and revenue are in thousand of dollars.
Using the information provided above, determine the following:
a. Total Cost function.