WebA) What is the equation of the profit function for the calculator?Be sure to simplify completely. B) What it the profit on 3000 units? C) Explain the practical meaning of the marginal profit in the context of this situation. 2) A manufacturer sells watches for $50 per unit. The fixed cost related to this product is $10,000 per month, and the ... WebFeb 11, 2024 · Suppose a calculator manufacturer has the total cost function C(x) = 22x + 6600 and the total revenue function R(x) = 66x. (a) What is the equation of the profit function P(x) for the calculator?

Solved Suppose a calculator manufacturer has the total cost - Chegg

WebHow To Use the Profit Function Calculator? You can use the Profit Function Calculator by entering the revenue and cost functions into the two text boxes and pressing the submit button to have the calculator … WebJun 24, 2024 · To calculate the cost for that scenario, they add the numbers into the cost function: Total costs = $10,000 + (1,500 * $15) = $32,500. ... To get a company's profit … batman el rata alada reddit

Solved A monopoly’s cost function is 𝐶 = 0.5𝑄 2 + 150 and - Chegg

WebMay 18, 2024 · Break even point = Fixed costs / (Revenue per unit – Variable cost per unit) In this example, suppose Company A’s. Fixed costs = $60,000 Variable cost per unit = $0.80 Revenue or selling price per … WebRevenue function. Revenue is the amount realised on a commodity when it is produced and sold. If x is the number of units produced and sold and p is its unit price, then the total revenue function R(x) is defined as R(x) =px, where x and p are positive. Some standard results. If R(x) =px be the revenue function, then. Remarks: WebApr 25, 2024 · Cost, revenue, and profit. If a business wants to calculate the revenue generated, the cost incurred, and the profit gained by producing units of a product, it can … batman el rata alada explained