The profit equation which relates P, profit to N, quantity produced and sold is:
P=17.75N-750
What is the total cost function?
The total production cost function, whereby total cost is C is as given below:
C=750+15.95N(look at a similar question provided)
What is the total revenue function?
The total revenue function is as given below:
R=33.70N
The profit is the excess of total revenue over total cost, in other words, profit is the total revenue minus total cost
P=33.70N-(750+15.95N)
P=33.70N-750-15.95N
P=33.70N-15.95N-750
P=17.75N-750
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Similar question:
A small publishing company is releasing a new book. The production costs will include a one-time fixed cost for editing and an additional cost for each book printed. The total production cost C (in dollars) is given by the function C=650+18.95N , where N is the number of books. The total revenue earned (in dollars) from selling the books is given by the function R=32.80N . Let P be the profit made (in dollars). Write an equation relating P to N . Simplify your answer as much as possible.
4a?5b = 4*2 ?5*3,1 = 8 ?15,5
what sign is there between ?
hope this will help you
Maria = x
Tom = y
Use substitution
x+y=30
2y=x
2y+y=30
3y=30
y=10
Tom is 10 years old.
x+y=30
x+10=30
x=20
Maria is 20 years old.
3/36 (8.333%) thats the probability
Answer:
Unitary cost per card= $0.21
Step-by-step explanation:
Giving the following information:
Number of cards per packecge= 25
Total cost per package= $5.25
<u>To calculate the unitary cost of each card, we need to use the following formula:</u>
Unitary cost per card= total cost / number of cards per package
Unitary cost per card= 5.25 / 25
Unitary cost per card= $0.21
