XYZ Company Limited invests in a particular project and it has been estimated that after X months of running,

      

XYZ Company Limited invests in a particular project and it has been estimated that after X months of
running, the cumulative profit (Sh.„000‟) from the project is given by the function 10x-x²-5,
where x represents time in months. The project can run for eleven months at most.
Required:
i) Determine the initial cost of the project.
ii) Calculate the break-even time in months for the project.
iii) Determine the best time to end the project.
iv) Determine the total profit within the break-even points

  

Answers

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Mutiso answered the question on December 6, 2018 at 06:15

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