Cost, Revenue & Profit For these problems, I will represent the number of items and y...

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Cost, Revenue & Profit For these problems, I will represent the number of items and y will represent the money. The fixed costs for a certain item are $170 per week. The cost to produce each item is $6 per item. Using this information, what is the cost equation? Give your answer in slope-intercept form: y= 6x+170 The retailer intends to sell each item for $21/item. Using this information, what is the revenue equation? Give your answer in slope-intercept form: y= 21z If in this week 16 items are made, and all items are sold in the week, what are the total costs to the retailer? = Cost S 166 X What is the revenue from selling 16 items? Revenue S 336 = Finally, what is the profit for this retailer? Profit S 170 = X Cost, Revenue & Profit For these problems, I will represent the number of items and y will represent the money. The fixed costs for a certain item are $170 per week. The cost to produce each item is $6 per item. Using this information, what is the cost equation? Give your answer in slope-intercept form: y= 6x+170 The retailer intends to sell each item for $21/item. Using this information, what is the revenue equation? Give your answer in slope-intercept form: y= 21z If in this week 16 items are made, and all items are sold in the week, what are the total costs to the retailer? = Cost S 166 X What is the revenue from selling 16 items? Revenue S 336 = Finally, what is the profit for this retailer? Profit S 170 = X