A company produces very unusual CD's for which the variable cost is $ 11 per CD and the fixed costs are $ 30000. They will sell the CD's for $89 each. Let x be the number of CD's produced. a. Write the total cost C as a function of the number of CD's produced. C = b. Write the total revenue R as a function of the number of CD's produced. R = $ c. Write the total profit P as a function of the number of CD's produced. P = $

A company produces very unusual CD's for which the variable cost is $ 11 per CD and the fixed costs are $ 30000. They will sell the CD's for $89 each. Let x be the number of CD's produced. a. Write the total cost C as a function of the number of CD's produced. C = b. Write the total revenue R as a function of the number of CD's produced. R = $ c. Write the total profit P as a function of the number of CD's produced. P = $

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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