jmatayah2152 jmatayah2152

28-11-2019
Mathematics

contestada

Q#4:

Acme produces widgets. They have fixed monthly expenses of $1200 and also have variable expenses of $12 for each widget. Acme sells each widget for $24.

A) find cost function

B) Revenue function

C) Profit function.

Respuesta :

marialejandray marialejandray

28-11-2019

Answer:

Cost Function: [tex]Cost = 1200 + 12x[/tex]

Where x is the number of widget sold.

Revenue Function: [tex]Revenue = 24x[/tex]

Profit Function: [tex]Profit = 24x - (1200 + 12x)[/tex]

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