nicole10
Rafael estimates that it costs $14 to produce each unit of a
particular commodity that sells for $23 per unit. There is also a
ﬁxed cost of $1,200.
1 Express the cost C (x ), the revenue R (x ) and the proﬁt P (x )
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JuanitaM
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nicole10
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what is the smallest number of units that must be produced for rageals company to be profitable?
JuanitaM
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so the smallest # is 134 in order to be profitable,
133.3 is a breakeven number
nicole10
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lastly how do i find the average cost of producint the 2000 units?
JuanitaM
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plug 2000 into c(x) equation.
nicole10
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that does not give me an average
JuanitaM
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c(2000) divided by 2000
nicole10
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ot it thanks
JuanitaM
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nicole10
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thanks!
JuanitaM
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uw