SOLUTION: suppose that a firm manufactures mp3 players and sells them for r50 each. the cost incurred in theproduction and sale of the mp3 players are r200000 plus r10 for each player produc
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Question 1073287: suppose that a firm manufactures mp3 players and sells them for r50 each. the cost incurred in theproduction and sale of the mp3 players are r200000 plus r10 for each player produced and sold. write the profit function for the production and sale of x players?
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
The firm sells mp3 players at a price of r50 each, while incurring a cost of r10 each. So the profit for x mp3 players would be:
{profit}P(x)=(r50-10)x-r200000 or (40x-200000)r. ☺☺☺☺
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