Create and solve a word problem that involves both Revenue and Cost. Your problem should include Break-Even and graphs of both t
1 answer:
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Answer:
"34,814" is the correct solution.
Step-by-step explanation:
The given values are:
Intercept coefficient,
Production coefficient,
Units sold,
x = 3,500
Now,
The total cost will be:
⇒
On substituting the estimated values, we get
⇒
⇒
⇒