Answer:
31,500
Explanation:
Cost function, C (x) = 2 x + 4500
Revenue function, R (x) = 5 x
Profit = Total revenue - Total cost
= R(x) - C(x)
= 5 x - [2 x + 4500]
= 3 x - 4,500
If company sells 12,000 boxes, then profit will be:
= 3 x - 4,500
= 3(12,000) - 4,500
= 36,000 - 4,500
= 31,500
Therefore, 31,500 is the profit earn by the company by selling 12,000 boxes of cereal.
Oscar's fixed costs of production is $3,000
Answer:
Egoism
Explanation:
Jack reason follows the philosophy of egoism where he is always trying to act for his own benefits (commission). Jack acts humbly, and pay attention to his customers because it is in his best interests to make them like him, the cloth(es) and buy his clothing item(s). Jack is actually after his self interest.