|4GE 10:012.2 Modeling with Linear F...edfinity.comTAMU_QID: BM_00049A company finds the total cost ofproducing 45 items is $9,450, whilethey can produce 85 items for a totalcost of $13,250. They have arevenue of $7,150 when selling 65items.Enter all answers below using exactnumbers, and write any equations inslope-intercept form.a. Find the production cost peritem:b. Find the company's linearprofit function:P(x) =Submit answer

Answer - Given in the question- Total cost of producing 45 items = 9450 Total cost for producing 85…

Answered: TAMU_QID: BM_00049 A company finds the…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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