2. A manufacturer sells magnetic phone mounts for $24. The monthly fixed costs for the company are $31,000, and the variable cost for producing each phone mount is $4. What is the profit function for manufacturing and selling the magnetic phone mount? A. P(x) = 24x + 31,000 B. P(x) = 24x – 31,000 C. P(x) = 20x – 31,000 D. P(x) = 20x + 31,000

2. A manufacturer sells magnetic phone mounts for $24. The monthly fixed costs for the company are $31,000, and the variable cost for producing each phone mount is $4. What is the profit function for manufacturing and selling the magnetic phone mount? A. P(x) = 24x + 31,000 B. P(x) = 24x – 31,000 C. P(x) = 20x – 31,000 D. P(x) = 20x + 31,000

Name: 2. A manufacturer sells magnetic phone mounts for $24. The monthly fi
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Description: 2. A manufacturer sells magnetic phone mounts for $24. The monthly fixed costs for the companyare $31,000, and the variable cost for producing each phone mount is $4. What is the profitfunction for manufacturing and selling the magnetic phone mount?

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter6: Linear Systems

Section6.CR: Chapter Review

Problem 70E: A company manufactures two fertilizers, x and y. Each 50-pound bag of fertilizer requires three...

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