F&A Quick Print is a financial firm printer specializing in the printing of business checks and forms for Banks and Credit unions. For individual accounts, boxes of 150 duplicate checks cost S0.70 to print and package and sells for $10.65 each. F&A Quick Print monthly fixed cost for printing and packaging these checks for individual accounts are $388.05. a) Write the cost equation. C(x) = b) Write the revenue equation. R(x) = c) Write the profit equation. P(æ) = d) The number of check packages that F&A Quick Print must sell to break even is units.
F&A Quick Print is a financial firm printer specializing in the printing of business checks and forms for Banks and Credit unions. For individual accounts, boxes of 150 duplicate checks cost S0.70 to print and package and sells for $10.65 each. F&A Quick Print monthly fixed cost for printing and packaging these checks for individual accounts are $388.05. a) Write the cost equation. C(x) = b) Write the revenue equation. R(x) = c) Write the profit equation. P(æ) = d) The number of check packages that F&A Quick Print must sell to break even is units.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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