Question
Write the general form of a linear function involving 8 independent variables B) Sigma Organization produces sports shoes that they sells for $55 per unit.
Write the general form of a linear function involving 8 independent variables
B) Sigma Organization produces sports shoes that they sells for $55 per unit. The variable cost of each unit
is 23$ whereas the cost that is stable & fixed cost on an annual basis are $400,000. If x equals the
number of units produced and sold during the years:
a Formulate the total linear cost function
b. Formulate the linear total revenue function
c. Formulate the linear profit function
d. What does annual profit equal if 10,000 units are produced & sold during the year?
e. What level of output is required in order to earn zero profit?
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