Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cost, Revenue & Profit For these problems, I will represent the number of items and y will represent the money. The fixed costs for a

image text in transcribed

image text in transcribed
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 $205 per week. The cost to produce each item is $4 per item. Using this information, what is the cost equation? Give your answer in slope-intercept form: y = The retailer intends to sell each item for $12/item. Using this information, what is the revenue equation? Give your answer in slope-intercept form: y = If in this week 29 items are made, and all items are sold in the week, what are the total costs to the retailer? Cost = $ What is the revenue from selling 29 items? Revenue - S Finally, what is the profit for this retailer? Profit = $ Box 1 & 2: Enter your answer as an expression. Example: 3x*2+1, x/5, (a+b)/c Be sure your variables match those in the question. Question Help: Video M Message instructor Submit Question OLDCOD

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Geometry

Authors: David A Brannan, Matthew F Esplen, Jeremy J Gray

2nd Edition

1139200658, 9781139200653

More Books

Students also viewed these Mathematics questions