math

Math for Management ( 110140 ) Work Sheet [ 2 ] Linear Cost, Revenue and Profit Analysis A company has a monthly fixed cost of $24,000 and a production cost of $8 per unit. The selling price is ($12 per unit. revenue of Ic = UC + FC ca) Write the Total Cost function TC or C(q) -b) Write the Total Revenue function TR or R(q). = 8x9+ 2400 - = c) Find the Total Profit function TP or (P(q) TR = 129 d) Find the Break-Even quantity and price point ( q , p ) e) Draw the graphs of the Cost and Revenue functions and show the Break-Even point. 940 0 0)- 49 - 4000