SOLUTION: A manufacturer produces a product at a cost of $23.80 per unit. The manufacturer has a fixed cost of $900.00 per day. Each unit retails for $36.00. Let x represent the number of un

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Question 1127461: A manufacturer produces a product at a cost of $23.80 per unit. The manufacturer has a fixed cost of $900.00 per day. Each unit retails for $36.00. Let x represent the number of units produced in a 5-day period.
(a) Write the total cost C as a function of x.
C(x) =
(b) Write the revenue R as a function of x.
R(x) =
(c) Write the profit P as a function of x. (Hint: The profit function is given by
P(x) = R(x) − C(x).)
P(x) =
Answer by stanbon(75887) About Me  (Show Source):
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A manufacturer produces a product at a cost of $23.80 per unit. The manufacturer has a fixed cost of $900.00 per day. Each unit retails for $36.00. Let x represent the number of units produced in a 5-day period.
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Note:: Each day x/5 units are produced.
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(a) Write the total cost C as a function of x.
C(x) = 23.80x + 900*5
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(b) Write the revenue R as a function of x.
R(x) = 36.00x
(c) Write the profit P as a function of x. (Hint: The profit function is given by
P(x) = R(x) − C(x).)
P(x) = 36x-23.8x-4500 = 12.2x-4500
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Cheers,
Stan H.