I suck at math...so plz help ne
1 answer:
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Answer:
The answer is 173,595
Step-by-step explanation:
Firstly, you multiply 815 by the first number of 213 which is 3
So:
Then 815 by the second number:
Then 815 by the third number:
Then you add all the numbers, but you have to put a zero to the right of the second product and two zeroes to the third product and so on..
In this case the addition is :
2445+8150+163000 = 173595
Answer:
The cost function is .
The revenue function is .
The profit function is .
Step-by-step explanation:
We have the following definitions:
The cost function is a mathematical formula that gives the total cost to produce a certain number of units. It consists of variable costs and fixed costs and is given by
If units are sold and the price per unit is
, then the total revenue is
and is called the revenue function.
If units are sold, then the total profit is
and is called the profit function.
Applying the above definitions we get that:
We know that the company has fixed monthly costs of $130,000 and production costs on its product of $32 per unit.
Therefore,
The cost function is .
We know that the company sells its product for $66 per unit.
Therefore,
The revenue function is .
The profit function is