SOLUTION: The rent on a magazine kiosk is $225 per month. Suppose that the wholesale cost of a magazine when purchased by the retailer is $1.00: a) Write a cost function, C(x), for operating
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Question 464399: The rent on a magazine kiosk is $225 per month. Suppose that the wholesale cost of a magazine when purchased by the retailer is $1.00: a) Write a cost function, C(x), for operating the magazine kiosk for one month where x represents the number of magazines purchased by the retailer per month. b) Find the revenue function,R(x), where x represents the number of magazines sold per month if the selling price of each magazine is $2.50. c) Give the profit function, P(x), for sale of magazines in parts a) and b). d) How many magazines per month must be bought by the retailer and sold before the retailer earns a profit? Answer by shammar(2) (Show Source):
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