Question
Suppose a package of cotton face masks sells for $23.60. Assume the total costs (in dollars) to produce x packages of masks is C(x)
Suppose a package of cotton face masks sells for $23.60. Assume the total costs (in dollars) to produce x packages of masks is C(x) = 0.45x + 60,000. What is the total cost of producing 5,000 packages? $ What is the revenue from selling 5,000 packages? $ What is the profit from selling 5,000 packages? $ The Staeb company manufactures headphones. The company's total cost function is C(h) = -0.003h + 77h + 2800 and revenue is given by R(h) = 130h (both in dollars), where h is the number of pairs of headphones. What is the company's profit function, P(h)? (Simplify your expression) P(h) = Expand out: (2x+4)2 (Simplify your answer) 2_3 xx3 = x where p =
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Clifford W. Smith Jr., Jerold Zimmerman
6th edition
73523143, 73523149, 978-0073523149
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