A manufacturer of a particular item has monthly fixed costs of $400 and variable costs of $10 per item, and it sells the
Posted: Tue May 10, 2022 7:37 am
- A Manufacturer Of A Particular Item Has Monthly Fixed Costs Of 400 And Variable Costs Of 10 Per Item And It Sells The 1 (16.04 KiB) Viewed 27 times
PROBLEM. WILL BE USING A T1-84 PLUS CALCULATOR. PLEASE WRITE
LEGIBLY OR TYPE ANSWER I HAVE BAD EYESIGHT. THANKYOU
A manufacturer of a particular item has monthly fixed costs of $400 and variable costs of $10 per item, and it sells the items for $30 per item. a. Write a function that models the monthly profit P from the production and sale of x units of the item. b. What is the profit if 110 items are produced and sold in 1 month? c. At what rate does the profit grow as the number of items increases? The function that models the monthly profit P from the production and sale of x units of the item is P = (Simplify your answer. Do not factor.) The profit of 110 items produced and sold in 1 month is $ (Simplify your answer.) The rate at which the profit grows is $ (Simplify your answer.) per item