The inventor of a new game believes that the variable cost of producing the game is $1.95 per unit, and the fixed costs for a month are $8000. He sells the game to retailers for $5.00 each. Give the net profit or loss if the inventor makes and sells 150,000 games in a month. IF LOSS, enter NEGATIVE amount.

The inventor of a new game believes that the variable cost of producing the game is $1.95 per unit, and the fixed costs for a month are $8000. He sells the game to retailers for $5.00 each. Give the net profit or loss if the inventor makes and sells 150,000 games in a month. IF LOSS, enter NEGATIVE amount.

Name: The inventor of a new game believes that the variablecost of producin
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Description: The inventor of a new game believes that the variablecost of producing the game is $1.95 per unit, and thefixed costs for a month are $8000. He sells the game toretailers for $5.00 each. Give the net profit or loss if theinventor makes and sells 150

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter12: Algebra Of Matrices

Section12.CR: Review Problem Set

Problem 37CR

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