Linear cost function that represents the cost C ( x ) to produce, package, and ship x 10 − h r video packages. One-time initial cost to produce each 10-hr video package is $5000. Videos are sold in 10-hr packages for $40 each.
Linear cost function that represents the cost C ( x ) to produce, package, and ship x 10 − h r video packages. One-time initial cost to produce each 10-hr video package is $5000. Videos are sold in 10-hr packages for $40 each.
Solution Summary: The author calculates the linear revenue function to represent the revenue R(x) for selling x-10-hr video packages.
Linear cost function that represents the cost C(x) to produce, package, and ship x10−hr video packages. One-time initial cost to produce each 10-hr video package is $5000. Videos are sold in 10-hr packages for $40 each.
b)
To determine
To calculate:
The linear revenue function to represent the revenue R(x) for selling x10−hr video packages. One-time initial cost to produce each 10-hr video package is $5000. Videos are sold in 10-hr packages for $40 each.
c)
To determine
To calculate:
(R−C)(x) and interpret its meaning in the context of this problem, where Function R(x)=40x and C(x)=2.8x+5000
d)
To determine
To calculate:
The profit if the website designer produces and sells 2400 video packages in the course of one year, were Function (R−C)X=37.2x−5000.
Can someone provide an answer & detailed explanation please? Thank you kindly!
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