Cost, Revenue & Profit For these problems, xx will represent the number of items and yy will represent the money. The fixed costs for a certain item are $215 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=y= The retailer intends to sell each item for $13/item. Using this information, what is the revenue equation? Give your answer in slope
Cost, Revenue & Profit
For these problems, xx will represent the number of items and yy will represent the money.
The fixed costs for a certain item are $215 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=y=
The retailer intends to sell each item for $13/item.
Using this information, what is the revenue equation? Give your answer in slope-intercept form:
y=y=
If in this week 13 items are made, and all items are sold in the week, what are the 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.
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
