A business wholesales its product for $34.27 each. The business incurs $5,000 in bills each month and it costs them a further $14.05 per item it produces.   Find the Cost, Revenue, and Profit functions for this business: C(x)=Cx=      R(x)=Rx=     P(x)=Px=        Which of the following represent the total costs of the business to produce 3,900 items:     P(3,900)P3,900     C(3,900)C3,900     C(x)=3,900Cx=3,900     C(59,795)C59,795     C(5,000)C5,000   What is the average cost to produce 3,900 items for this business? (round to 2 decimal places number)  $  per item   What is this company's marginal profit? $  per item

Q: The cost of hiring a handyman to help with home jobs costs $50 plus $35 per hour for each hour the…

A: The cost function C(t) =50+35twhere t is number of hours worked by the handman

Q: The cost function for a business, C(x), is the sum of the cost and the costs.

A: The cost function for a business, Cx, is the sum of the _______ cost and the ______ costs.

Q: The small town of Boringville had a population of 5200 in the year 2000. The birth and death rates…

A:

Q: The cost C(x) , where is the number of miles driven, of renting a car for a day is 43 plus $0.50 per…

A:

Q: The quantity supplied of a good is the amount of product that a company is willing to make available…

A: Equilibrium price: The equilibrium price of a product is defined as the quantity supplied S(p) is…

Q: Find the maximum revenue for the revenue function R(x) = 352x - 0.7x. (Round your answer to the…

A: Second derivative test : Suppose f is continuous and differentiable at x=a where f'a and f''a also…

Q: A supply company charges for 50-gallon tanks using the demand function p(x) = 40 – 4.8x. What is the…

A: In any business revenue is the total amount received by selling a given number of items at a given…

Q: Suppose that a company that makes and sells hand-crafted artwork has a cost function C(x) = 24x +…

A: Use the following formula, to obtain the solution. Profit=Rx-Cx Where x denotes the quantity, Cx and…

Q: In 2017 the price of a particular earlier model car was about $15,905 with a depreciation of about…

A: Given that, In 2017 the price of a particular earlier model car was about $15,905 with a…

Q: Lee is opening an online shop to sell handmade necklaces. He has determined that his initial…

A:

Q: A carpenter's shop has weekly fixed costs of $5,000 associated with the manufacture of bookcases…

A:

Q: A supply company charges for 90-liter drums using the demand function p(x)=20.9−1.6x  What is the…

A: Given that demand function is: p(x) = 20.9 - 1.6x we need to write the revenue function.

Q: A company sells its product for $53 each. They can produce each product for $27 each and they have…

A: