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Mathematics, 14.09.2019 09:30, ganlysiai
a manufacturer has a monthly fixed cost of $110,000 and a production cost of $14 for each unit produced. the product sells for $20 per unit.
(a) what is the cost function?
c(x) =
(b) what is the revenue function?
r(x) =
(c) what is the profit function?
p(x) =
(d) compute the profit or loss corresponding to a production level of 12,000 and 23,000 units. (input a negative value to indicate a loss.)
at 12,000 units $
at 23,000 units $
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Answers: 2
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a manufacturer has a monthly fixed cost of $110,000 and a production cost of $14 for each unit produ...
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