A business wholesales its product for $34.27 each. The business incurs $5,000 in bills each month and it costs them a further $14.05 per item it produces.   Find the Cost, Revenue, and Profit functions for this business: C(x)=Cx=      R(x)=Rx=     P(x)=Px=        Which of the following represent the total costs of the business to produce 3,900 items:     P(3,900)P3,900     C(3,900)C3,900     C(x)=3,900Cx=3,900     C(59,795)C59,795     C(5,000)C5,000   What is the average cost to produce 3,900 items for this business? (round to 2 decimal places number)  $  per item   What is this company's marginal profit? $  per item

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ISBN:9781337282291
Author:Ron Larson
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ChapterP: Prerequisites
SectionP.4: Factoring Polynomials
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A business wholesales its product for $34.27 each. The business incurs $5,000 in bills each month and it costs them a further $14.05 per item it produces.

 

Find the Cost, Revenue, and Profit functions for this business:

C(x)=Cx=     

R(x)=Rx=    

P(x)=Px=     

 

Which of the following represent the total costs of the business to produce 3,900 items:

   

P(3,900)P3,900

   

C(3,900)C3,900

   

C(x)=3,900Cx=3,900

   

C(59,795)C59,795

   

C(5,000)C5,000

 

What is the average cost to produce 3,900 items for this business? (round to 2 decimal places number)

 $  per item

 

What is this company's marginal profit?

$  per item

 
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