Question
I am copying word for word what the problem is asking. Im not quite sure what you want a picture of? My textbook is entirely
I am copying word for word what the problem is asking. Im not quite sure what you want a picture of? My textbook is entirely online. All I need is for someone to find a, b, c, d, e for the below problem.
Cost information at a certain level of production for a manufacturing process is given. The revenue per unit is also given. Assume a linear relationship between the number of units produced and cost. For each problem please find:
a. The cost, revenue and profit functions and the units of the slope and of b.
b. The variable cost per unit, also known as the marginal cost, and the fixed cost.
c. The cost, revenue and profit when z units are produced. (z will be specified in each problem)
d. The break-even point.
e. The average cost per unit of producing w units and the equation of the average cost per unit function. (w will be specified in each problem)
Please solve for this problem and provide a, b, c, d, e.
The cost of producing 200,000 units is $4,445,181. The cost of producing 300,000 units is $5,164,181. Each unit produced can be sold for $11.29. z = 250,000; w = 318,000.
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