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- Consider a firm that buys units for Php 10 and sells them for Php 15. Thre are no other variable cost. Fixed costs are
- Consider a firm that buys units for Php 10 and sells them for Php 15. Thre are no other variable cost. Fixed costs are at Php 6,000. Use the break-even formula to determine the following: - 1. Write the total revenue, total cost, \& profit functions - 2. Sales volume when profit is Php 8,000. - 3. Find the profit at a sale of 500 units
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