Answer:
728.0067825
Step-by-step explanation:
B should be your answer. 125-360= -235
Answer:
20 m
Step-by-step explanation:
Answer:
Cost function C(x) == FC + VC*Q
Revenue function R(x) = Px * Q
Profit function P(x) =(Px * Q)-(FC + VC*Q)
P(12000) = -38000 Loss
P(23000) = 28000 profit
Step-by-step explanation:
Total Cost is Fixed cost plus Variable cost multiplied by the produce quantity.
(a)Cost function
C(x) = FC + vc*Q
Where
FC=Fixed cost
VC=Variable cost
Q=produce quantity
(b)
Revenue function
R(x) = Px * Q
Where
Px= Sales Price
Q=produce quantity
(c) Profit function
Profit = Revenue- Total cost
P(x) =(Px * Q)-(FC + vc*Q)
(d) We have to replace in the profit function
<u>at 12,000 units </u>
P(12000) =($20 * 12,000)-($110,000 + $14*12,000)
P(12000) = -38000
<u>at 23,000 units </u>
P(x) =($20 * 23,000)-($110,000 + $14*23,000)
P(23000) = 28000
Y = mx + c
If y = 4, and x = 0, then:
4 = -1 (0) + c
c = 4
If c = 4:
y = -1 (2) + 4
y = -2 +4
y = 2
If you plug in the different values of x in each equation, the answer should be:
2,0,-2
