SOLUTION: suppose you start up a company to produce a particular product. You have fixed monthly operating costs of $3200. Also, it costs you $8 to manufacture each individual unit of your p
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Question 388250: suppose you start up a company to produce a particular product. You have fixed monthly operating costs of $3200. Also, it costs you $8 to manufacture each individual unit of your product. You have decided to sell your product for $12.
Write the fuction for your monthly cost, revenue and profit. Answer by robertb(5830) (Show Source):
You can put this solution on YOUR website! Monthly cost---->C = 8q + 3200
Monthly revenues---> R = 12q
Monthly profit---->P = R - C = 12q - 8q - 3200 = 4q - 3200.
