Question
How to solve this problem? Cost, Revenue & Profit For these problems, xx will represent the number of items and yy will represent the money.
How to solve this problem? Cost, Revenue & Profit For these problems, xx will represent the number of items and yy will represent the money. The fixed costs for a certain item are $125 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=y= The retailer intends to sell each item for $11/item. Using this information, what is the revenue equation? Give your answer in slope-intercept form: y=y= If in this week 46 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 46 items? Revenue = $ 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.
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