A company finds the totals costs of producing 20 items is $9,250, while they can produce 70 items for a total cost of $13,450. They have a revenue of $10,175 by selling 80 items. a. Find the production cost per item. b. Find the company's linear pro
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
So my last attempt at asking this question didn't work since it was a graded question so I changed the variables in the problem so that it isn't the same. I don't know if it will have a clean solution, all I'm concerned about is how to solve it
Problem:
A company finds the totals costs of producing 20 items is $9,250, while they can produce 70 items for a total cost of $13,450. They have a revenue of $10,175 by selling 80 items.
a. Find the production cost per item.
b. Find the company's linear profit function.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images