A company finds the total cost of producing 15 items is $6,650, while they can produce 65 items for a total cost of $10,350. They have a revenue of $5,785 by selling 65 items. Answer each of the following. Enter all answers below using exact numbers, and put equations in slope-intercept form. a. Find the production cost per item: b. Find the company's linear profit function: P(z) =
A company finds the total cost of producing 15 items is $6,650, while they can produce 65 items for a total cost of $10,350. They have a revenue of $5,785 by selling 65 items. Answer each of the following. Enter all answers below using exact numbers, and put equations in slope-intercept form. a. Find the production cost per item: b. Find the company's linear profit function: P(z) =
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CT: Test
Problem 19CT
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