Concept explainers
Use a calculator to work these exercises. (See Examples 9 and 10.)
Cost, Revenue, and Profit A pretzel factory has daily fixed costs of $1800. In addition, it costs 50 cents to produce each bag of pretzels. A bag of pretzels sells for $1.20.
Find the rule of the cost function
Find the rule of the revenue function
Find the rule of the profit function
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