ABC Company sells shoes for $450. The variable cost is $200 per unit. The fixed costs are $750000. The company wants to have a profit of $250000. a) How many units do they have to sell to achieve this goal? b) Sketch the graph of above cost function. c) What would be the total cost when there is no production in a particular month?
ABC Company sells shoes for $450. The variable cost is $200 per unit. The fixed costs are $750000. The company wants to have a profit of $250000. a) How many units do they have to sell to achieve this goal? b) Sketch the graph of above cost function. c) What would be the total cost when there is no production in a particular month?
Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 4.59TI: The manufacturer of a weight training bench spends $15 to build each bench and sells them for $32....
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ABC Company sells shoes for $450. The variable cost is $200 per unit. The fixed costs are $750000. The company wants to have a profit of $250000.
a) How many units do they have to sell to achieve this goal?
b) Sketch the graph of above cost function.
c) What would be the total cost when there is no production in a particular month?
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