[Solved] A manufacturer has a monthly fixed cost of $3500 and a production cost of $7.50 for each unit produced. The product sells for $16.75 per unit.


Question: A manufacturer has a monthly fixed cost of $3500 and a production cost of $7.50 for each unit produced. The product sells for $16.75 per unit.

  1. Write the cost function.
  2. Write the revenue function.
  3. Write the profit function
  4. What is the profit if 1000 units are manufactured this month?

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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