[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.
- Write the cost function.
- Write the revenue function.
- Write the profit function
- 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 