SOLUTION: A company produces a product for which the variable cost is $10.20 per unit and the fixed cost is $13000.The product sells for $ 19.99.Let x be the number of unitsproduced and sold
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Question 45583: A company produces a product for which the variable cost is $10.20 per unit and the fixed cost is $13000.The product sells for $ 19.99.Let x be the number of unitsproduced and sold.
a)Write the total cost of C as a function of the number of units produced.
b)Write the revenue R as a function of the number of units sold
c)Write the profit P as a function of the number of units sold. Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! A company produces a product for which the variable cost is $10.20 per unit and the fixed cost is $13000.The product sells for $ 19.99.Let x be the number of unitsproduced and sold.
a)Write the total cost of C as a function of the number of units produced.
C=13000+10.20x
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b)Write the revenue R as a function of the number of units sold
R=19.99x
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c)Write the profit P as a function of the number of units sold.
P=C-R = 13000+10.20x-19.99x
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Cheers,
Stan H.
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