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MAT10706 - Quantitative Methods With Economics, Project Assignment

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Southern Cross University

   

Quantitative Methods With Economics (MAT10706)

   

Added on  2020-03-04

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In the MAT10706 Assignment, we will discuss Quantitative Methods With Economics. The impact of changing prices on revenue and profit, and the Impact of Price Discounts on Revenue. We also cover the Total Cost and Total Revenue Function for each type of insect,  the demand equation, the effect of the price decrease on price, quantity, revenue, etc.

MAT10706 - Quantitative Methods With Economics, Project Assignment

   

Southern Cross University

   

Quantitative Methods With Economics (MAT10706)

   Added on 2020-03-04

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MAT10706 - Quantitative Methods With Economics, Project Assignment_1
1. Find the total cost and total revenue function for each type of insect and plot these functions onan Excel graph (i.e. you will produce 3 graphs, each with two lines on it). For the revenuefunction, select a price for each insect within the price ranges in the table above.100200300400500010002000300040005000600070008000900010000110001200013000PINETotal RevenueTotal CostAMOUNT
MAT10706 - Quantitative Methods With Economics, Project Assignment_2
1002003004005000100020003000400050006000700080009000100001100012000130001400015000MYRTLETotal RevenueTotal CostAMOUNT10020030040050002000400060008000100001200014000160001800020000SASSAFRASTotal RevenueTotal CostAMOUNT
MAT10706 - Quantitative Methods With Economics, Project Assignment_3

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