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Cost, Revenue & Profit For these problems, @ will represent the number of items and y will represent the money. The fixed costs for a
Cost, Revenue & Profit For these problems, @ will represent the number of items and y will represent the money. The fixed costs for a certain item are $195 per week. The cost to produce each item is $9 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 $22/item. Using this information, what is the revenue equation? Give your answer in slope-intercept form: y If in this week 9 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 9 items? Revenue = 5 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 ) Message instructor
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