A fabric wholesaler, The Dynamic has fixed the cost of $3,200 and a production cost of $12 for each bundle. The fabrics sells for $54 per bundle. (a) Find the cost function, C. (b) Find the profit function, P. (c) Compute the profit (or loss), results of selling 200 bundles. (d) Find the number of bundles they need to sell if they wish to make a profit of $55,500.
A fabric wholesaler, The Dynamic has fixed the cost of $3,200 and a production cost of $12 for each bundle. The fabrics sells for $54 per bundle. (a) Find the cost function, C. (b) Find the profit function, P. (c) Compute the profit (or loss), results of selling 200 bundles. (d) Find the number of bundles they need to sell if they wish to make a profit of $55,500.
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CT: Test
Problem 19CT
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