Mathematics, 04.10.2020 19:01, ericchen4399
Cost, Revenue, and Profit A company invests $98,000 for equipment to produce a new product. Each unit of the product costs $12.20 and is sold for $16.98. Let x be the number of units produced and sold. (a) Write the total cost C as a function of x. C(x) = 98000+16.98x (b) Write the revenue R as a function of x. R(x) = 207.156 (c) Write the profit P as a function of x. P(x) = 4.78
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Cost, Revenue, and Profit A company invests $98,000 for equipment to produce a new product. Each uni...
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