A company makes and sells ornamental vases. To make the vases there is a fixed monthly cost of $6,000 and an additional production cost of $9 per vase. The vases sell for $18 each (a) Write down the cost function. (b) Write down the revenue function. (c) Find the profit function. 1357 (d) Find the break even point. (e) How many vases must the company sell to make a 20% profit?
A company makes and sells ornamental vases. To make the vases there is a fixed monthly cost of $6,000 and an additional production cost of $9 per vase. The vases sell for $18 each (a) Write down the cost function. (b) Write down the revenue function. (c) Find the profit function. 1357 (d) Find the break even point. (e) How many vases must the company sell to make a 20% profit?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:A company makes and sells ornamental vases. To make the vases there is a fixed
monthly cost of $6,000 and an additional production cost of $9 per vase. The vases sell for $18
each
(a) Write down the cost function.
(b) Write down the revenue function.
(c) Find the profit function.
1357
(d) Find the break even point.
(e) How many vases must the company sell to make a 20% profit?
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