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Mathematics, 27.03.2021 05:10 Maddifalls1562
A small market woman realised that for one of her product, if the price per unit is GHC 20, she can sell 300 units a day. On the other hand if the price reduced to GHC13 she can sell 440 units per day. From accounting records her accountant has extimated her fixed cost of production to GHC2000 with a variable cost unit of GHC10.
i find the Expression relating to price and output assuming is linear
ii state the total cost function assuming it is linear
iii advise the business woman on the level of production at which she will break even
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A small market woman realised that for one of her product, if the price per unit is GHC 20, she can...
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