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
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
ChapterP: Prerequisites
SectionP.4: Factoring Polynomials
Problem 84E: The rate of change of an autocatalytic chemical reaction is kQxkx2 where Q is the amount of the...
Related questions
Question
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
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
Recommended textbooks for you
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL