A company produces and sells a product and fixed costs of the company are 8500000 Baisa and variable cost is RO. (35+K) per unit, and sells the product at RO. (70+M) per unit. Find the total cost function. b. Find the total revenue function. Find the profit function and determine the profit when 1250 units are sold. d. How many units must be produced and sold to yield a profit of RO. 20000? How many units must be sold to break even?

A company produces and sells a product and fixed costs of the company are 8500000 Baisa and variable cost is RO. (35+K) per unit, and sells the product at RO. (70+M) per unit. Find the total cost function. b. Find the total revenue function. Find the profit function and determine the profit when 1250 units are sold. d. How many units must be produced and sold to yield a profit of RO. 20000? How many units must be sold to break even?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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