Q#4: Acme produces widgets. They have fixed monthly expenses of $1200 and also have variable expenses of $12 for each widget. Acm

Question

Q#4:

Acme produces widgets. They have fixed monthly expenses of $1200 and also have variable expenses of $12 for each widget. Acme sells each widget for $24.

A) find cost function

B) Revenue function

C) Profit function.

in progress 0
Sophia 2 weeks 2021-10-12T12:22:59+00:00 1 Answer 0

Answers ( )

    0
    2021-10-12T12:24:30+00:00

    Answer:

    Cost Function: Cost = 1200 + 12x

    Where x is the number of widget sold.

    Revenue Function: Revenue = 24x

    Profit Function: Profit = 24x - (1200 + 12x)

Leave an answer

Browse
Browse

27:3+15-4x7+3-1=? ( )