a) type the profit function of the manufacturer,?(?, ?). B) determine the end points of the profit function.

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter4: Extent (how Much) Decisions
Section: Chapter Questions
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Pepper farming is carried out in a greenhouse. Proceeds from the sale of pepper, R,
dollars per square meter is determined by the following function. R = 5T (1-e^-x) where T is the temperature set in the greenhouse (Celsius, C^0)and the amount of fertilizer per square meter (kilogram, kg) the costs are as follows: fertilizer cost per square meter is 20?, heating cost is 0.10^2.According to this information

a) type the profit function of the manufacturer,?(?, ?).
B) determine the end points of the profit function.
c) show which endpoints you specify or which ones give the highest amount of fertilizer with the temperature value that makes the profit.

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