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Cost, Revenue & Profit For these problems, x will represent the number of items and y will represent the money. The fixed costs for a certain item are $150 per week. The cost to produce each item is $2 per item. Using this information, what is the cost equation? Give your answer in slope-intercept form: y = The retailer intends to sell each item for $18/item. Using this information, what is the revenue equation? Give your answer in slope-intercept form: y = If in this week 13 items are made, and all items are sold in the week, what areythe total costs to the retailer? Cost = $ What is the revenue from selling 13 items? Revenue = $ Finally, what is the profit for this retailer? Profit = $ Box 1 & 2: Enter your answer as an expression. Example: 3x^2+1, x/5, (a+b)/c Be sure your variables match those in the question. Question Help: D Video M Message instructor Submit Question

Cost, Revenue & Profit For these problems, x will represent the number of items and y will represent the money. The fixed costs for a certain item are $150 per week. The cost to produce each item is $2 per item. Using this information, what is the cost equation? Give your answer in slope-intercept form: y = The retailer intends to sell each item for $18/item. Using this information, what is the revenue equation? Give your answer in slope-intercept form: y = If in this week 13 items are made, and all items are sold in the week, what areythe total costs to the retailer? Cost = $ What is the revenue from selling 13 items? Revenue = $ Finally, what is the profit for this retailer? Profit = $ Box 1 & 2: Enter your answer as an expression. Example: 3x^2+1, x/5, (a+b)/c Be sure your variables match those in the question. Question Help: D Video M Message instructor Submit Question

Advanced Engineering Mathematics
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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Cost, Revenue & Profit For these problems, x will represent the number of items and y will represent the money. The fixed costs for a certain item are $150 per week. The cost to produce each item is $2 per item. Using this information, what is the cost equation? Give your answer in slope-intercept form: y = The retailer intends to sell each item for $18/item. Using this information, what is the revenue equation? Give your answer in slope-intercept form: y = If in this week 13 items are made, and all items are sold in the week, what areythe total costs to the retailer? Cost = $ What is the revenue from selling 13 items? Revenue = $ Finally, what is the profit for this retailer? Profit = $ Box 1 & 2: Enter your answer as an expression. Example: 3x^2+1, x/5, (a+b)/c Be sure your variables match those in the question. Question Help: D Video M Message instructor Submit Question
Transcribed Image Text:Cost, Revenue & Profit For these problems, x will represent the number of items and y will represent the money. The fixed costs for a certain item are $150 per week. The cost to produce each item is $2 per item. Using this information, what is the cost equation? Give your answer in slope-intercept form: y = The retailer intends to sell each item for $18/item. Using this information, what is the revenue equation? Give your answer in slope-intercept form: y = If in this week 13 items are made, and all items are sold in the week, what areythe total costs to the retailer? Cost = $ What is the revenue from selling 13 items? Revenue = $ Finally, what is the profit for this retailer? Profit = $ Box 1 & 2: Enter your answer as an expression. Example: 3x^2+1, x/5, (a+b)/c Be sure your variables match those in the question. Question Help: D Video M Message instructor Submit Question
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