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Total cost is C = 9000 + 4.55q and total revenue is R = 5.30q, both in dollars, where q represents the quantity produced. %3D (a) What is fixed cost? The fixed cost is $ 9000 (b) What is the marginal cost per item? The marginal cost is $ 4.55 (c) What is the price at which this item is sold? The selling price is $ 5.3 (d) For what production levels does this company make a profit? The company makes a profit when production is Choose one units. Choose one above (e) How much does the company make for each additi below The company makes $ for each addit.

Total cost is C = 9000 + 4.55q and total revenue is R = 5.30q, both in dollars, where q represents the quantity produced. %3D (a) What is fixed cost? The fixed cost is $ 9000 (b) What is the marginal cost per item? The marginal cost is $ 4.55 (c) What is the price at which this item is sold? The selling price is $ 5.3 (d) For what production levels does this company make a profit? The company makes a profit when production is Choose one units. Choose one above (e) How much does the company make for each additi below The company makes $ for each addit.

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Total cost is C = 9000 + 4.55q and total revenue is R = 5.30q, both in dollars, where q represents the quantity produced. %3D (a) What is fixed cost? The fixed cost is $ 9000 (b) What is the marginal cost per item? The marginal cost is $ 4.55 (c) What is the price at which this item is sold? The selling price is $ 5.3 (d) For what production levels does this company make a profit? The company makes a profit when production is Choose one units. Choose one above (e) How much does the company make for each additi below The company makes $ for each addit
Transcribed Image Text:Total cost is C = 9000 + 4.55q and total revenue is R = 5.30q, both in dollars, where q represents the quantity produced. %3D (a) What is fixed cost? The fixed cost is $ 9000 (b) What is the marginal cost per item? The marginal cost is $ 4.55 (c) What is the price at which this item is sold? The selling price is $ 5.3 (d) For what production levels does this company make a profit? The company makes a profit when production is Choose one units. Choose one above (e) How much does the company make for each additi below The company makes $ for each addit
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