hey can someone help me with this math problem please 'm not good with these kind of problems
A company produces a toy for which the variable cost is $12.30 per unit and the fixed costs are $98,000. The toy sells for $17.98. Let x be the number of units produced and sold.
(a) The total cost for business is the sum of the variable cost and the fixed costs. Write the total cost C as a function of the number of units produced.
(b) Write the revenue R as a function of the number of units sold.
(c) Write the profit P as a function of the number of units sold. (Note: P=R-C.)
2007-08-18 08:37:17 · 3 answers · asked by devincr 1 in Science & Mathematics ➔ Mathematics
a) C = 98000 + 12.30X
b) R = 17.98X
c) P = (17.98 - 12.30)X - 98000
2007-08-18 08:44:52 · answer #1 · answered by Anonymous · 2⤊ 0⤋
(a) C = 12.30x + 98,000
(b) R = 17.98x
(c) P = R - C = 17.98x - (12.30x + 98,000)
P = (17.98 - 12.30)x - 98,000
P = 5.68x - 98,000
2007-08-18 08:47:26 · answer #2 · answered by Tony 7 · 0⤊ 0⤋
a. C(x) = 12.30x + 98,000
b. R(x) = 17.98x
c. P(x) = 17.98x - (12.3x + 98,000)
2007-08-18 08:49:57 · answer #3 · answered by gateach 5 · 0⤊ 0⤋