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ture.com/courses/147424/assignments/1864050?return_to=https%3A%2F%2Ffiu.instructure.com%2Fcalendar%23view_name%3Dmonth%26view_... 1. What is the relationship between the Profit function, the Cost function, and the Revenue function? 2. How do you find the break-even quantity
ture.com/courses/147424/assignments/1864050?return_to=https%3A%2F%2Ffiu.instructure.com%2Fcalendar%23view_name%3Dmonth%26view_... 1. What is the relationship between the Profit function, the Cost function, and the Revenue function? 2. How do you find the break-even quantity and what does it represent? 3. Linda decides to open a kiosk in the mall selling baseball hats. It costs her $2250 to stock 100 hats and $4280 to stock 600 hats. She decides to charge $12 for every hat that she sells. 1. What is the marginal cost for each hat? 11. What are Linda's fixed costs to set up the kiosk? Write the cost function. IV. Write the revenue function. V. How many hats does Linda have to sell in order to break even? VI. Write the profit function.Edit View History Bookmarks Profiles Tab Window Help s - FIU Canvas X FIU Week 9 Written HW X + structure.com/courses/147424/assignments/1864050?return_to=https%3A%2F%2Ffiu.instructure.com%2Fcalendar%23view VI. Write the profit function. VII. What is Linda's profit if she sells 2,000 hats? 4. Solve the following system of equations 4x + 2y = 14 7x - 3y = -8 MacBook Air
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