SOLUTION: Suppose a firm manufactures MP3 players and sells them for $50 each, with costs incurred in the production and sale equal to $200,000 plus $10 for each unit produced and sold. Fo

Question 1178538: Suppose a firm manufactures MP3 players and sells them for $50 each, with costs incurred in
the production and sale equal to $200,000 plus $10 for each unit produced and sold. Form the
total cost, total revenue, and profit as functions of the quantity x that is produced and sold
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!


Hi
R = $50x
C = $200,000 + $10x
P = $50x -($200,000 + $10x) = $40x - $200,000
Wish You the Best in your Studies.

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