Evaluate the following given the following values: 1. The price of pair of socks is Php 200. How much is the cost of 8 pairs of socks? 2. The Revenue R (in pesos) of a chocolate company is given by R = 30x, where x is the number of chocolate boxes. How much is the revenue if there are 25 boxes of chocolate? 3. The fixed cost of an industry is Php5,000 which is independent on the number of units. How much is the fixed cost of 900 units? 4. If the cost of producing x units of a product is given by C= 10x, what is the cost of producing 5 units? 5. The annual earning (in million pesos) of a calculator manufacturer is given by P = 50x -10, how much is the profit of selling 5 calculators?

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Activity 2: Try this!
Evaluate the following given the following values:
1. The price of pair of socks is Php 200. How much is the cost of 8 pairs of
socks?
2. The Revenue R (in pesos) of a chocolate company is given by R = 30x,
where x is the number of chocolate boxes. How much is the revenue if there
are 25 boxes of chocolate?
3. The fixed cost of an industry is Php5,000 which is independent on the
number of units. How much is the fixed cost of 900 units?
4. If the cost of producing x units of a product is given by C = 10x, what is the
cost of producing 5 units?
5. The annual earning (in million pesos) of a calculator manufacturer is given
by P = 50x -10, how much is the profit of selling 5 calculators?
Transcribed Image Text:Activity 2: Try this! Evaluate the following given the following values: 1. The price of pair of socks is Php 200. How much is the cost of 8 pairs of socks? 2. The Revenue R (in pesos) of a chocolate company is given by R = 30x, where x is the number of chocolate boxes. How much is the revenue if there are 25 boxes of chocolate? 3. The fixed cost of an industry is Php5,000 which is independent on the number of units. How much is the fixed cost of 900 units? 4. If the cost of producing x units of a product is given by C = 10x, what is the cost of producing 5 units? 5. The annual earning (in million pesos) of a calculator manufacturer is given by P = 50x -10, how much is the profit of selling 5 calculators?
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