There is a fixed cost of 50,000 dollars to start a production process. Once the process has begun, the variable cost per unit is 25 dollars. The revenue per unit is projected to be 45 dollars. Write an expression for total revenue R(x).

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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There is a fixed cost of 50,000 dollars to start a production process. Once the process has begun, the variable cost per unit is 25 dollars. The
revenue per unit is projected to be 45 dollars. Write an expression for total revenue R(x).
Answer should be in this format: R(x) = 12x
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Transcribed Image Text:Fill in the blanks There is a fixed cost of 50,000 dollars to start a production process. Once the process has begun, the variable cost per unit is 25 dollars. The revenue per unit is projected to be 45 dollars. Write an expression for total revenue R(x). Answer should be in this format: R(x) = 12x < Previous Continue>
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