The purchase price of a camera is $84. The carrying case is 12% of the purchase price. Tax 6% of the subtotal. What is the total
1 answer:
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The prime factor of the 576 is and the prime factor of the 64 is
. And the expression
is equal to 3.
Simplification is to make something easier to do or understand and to make something less complicated.
Given
The expression is
The prime factor of the 576 will be
The prime factor of the 64 will be
Then the expression will be
More about the simplification link is given below.
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
Therefore, the cost function is .
Selling price of each unit = Revenue from each unit = $16.98.
Total revenue = Revenue from x units
Therefore, the revenue function is .
Profit = Revenue - Cost
Therefore, the profit function is .