Mathematics, 15.02.2022 17:50 jasmne4713
Suppose a firm manufactures radios and sells them for $500. The costs incurred in the production and sales of the radio are $2,000 plus $100 for each radio produced and sold.
a) What is the cost function for the production of X radios.
b) What is the cost of producing 25 radios?
c) Write the revenue function for the sale of X radios.
d) What is the revenue for selling 35 radios?
f) Write the profit equation for the sale of X radios:
G) Find the break-even point algebraically:
h)How much profit is made if 150 radios are sold?
Answers: 1
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Suppose a firm manufactures radios and sells them for $500. The costs incurred in the production and...
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