6. A company produces and sells a product and fixed costs of the company are 8500000 Baisa and variable cost is RO. (35+K) per unit, and sells the product at RO. (70+M) per unit. a. Find the total cost function. b. Find the total revenue function. C. Find the profit function and determine the profit when 1250 units are sold. d. How many units must be produced and sold to yield a profit of RO. 20000? How many units must be sold to break even? е.
6. A company produces and sells a product and fixed costs of the company are 8500000 Baisa and variable cost is RO. (35+K) per unit, and sells the product at RO. (70+M) per unit. a. Find the total cost function. b. Find the total revenue function. C. Find the profit function and determine the profit when 1250 units are sold. d. How many units must be produced and sold to yield a profit of RO. 20000? How many units must be sold to break even? е.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 26CTQ: Describe a situation, either a government policy situation, an economic problem, or a private sector...
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