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MariettaO [177]
3 years ago
10

What is 961,000 estimated

Mathematics
1 answer:
Helen [10]3 years ago
6 0
960,000 I positive about this
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HELP HELP HELP PLEASE:)) Find the slope and y-intercept
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Answer choice A

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A + 2c − 5b − c + a − b
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Read 2 more answers
Cost, Revenue, and Profit A company invests $98,000 for equipment to produce a new product. Each unit of the product costs $12.2
Vesnalui [34]

Given:

Investment on equipment = $98,000

Cost of each unit = $12.20

Selling price of each unit = $16.98.

To find:

(a) The total cost C as a function of x.

(b) The revenue R as a function of x.

(c) The profit P as a function of x.

Solution:

Let x be the number of units produced and sold.

We have,

Fixed cost = $98,000

Variable cost = $12.20x

Total cost = Fixed cost + Variable cost

C(x)=98000+12.20x

Therefore, the cost function is C(x)=98000+12.20x.

Selling price of each unit = Revenue from each unit =  $16.98.

Total revenue = Revenue from x units

R(x)=16.98x

Therefore, the revenue function is R(x)=16.98x.

Profit = Revenue - Cost

P(x)=R(x)-C(x)

P(x)=16.98x-(98000+12.20x)

P(x)=16.98x-98000-12.20x

P(x)=4.78x-98000

Therefore, the profit function is P(x)=4.78x-98000.

6 0
3 years ago
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