Is y= 2x (linear or nonlinear)
2 answers:
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Let X be the number of energy drinks sold.
The manufacturer of an energy drink spends $1.20 to make each drink and sells them for two dollars the manufacturer also has fixed cost each month of $8000.
The manufacturing cost for X energy drinks is
Fixed cost is $8000.
Therefore, cost function is
Selling price of each drink is $2.
Therefore, the revenue function is
Hence, the revenue function is