Question
The Computer Shop sells computers. The shop has fixed costs of $1800 per week. Its average cost per computer is $699 each, and the average
The Computer Shop sells computers. The shop has fixed costs of $1800 per week. Its average cost per computer is $699 each, and the average selling price is $899 each.
(a) Write the linear cost function C(x).
(b) Write the linear revenue function R(x).
(c) Find the cost of selling 38 computers per week.
(d) Find the revenue from selling 38 computers.
(e) Find the break-even point.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
a The linear cost function Cx can be expressed as Cx 1800 699x where ...
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
