Profit

Algebra Level 1

A company produces a toy for which the variable cost is $12.30 per unit and the fixed costs are $98,000. The toy sells for $17.98. Let x be the number of units produced and sold.

Write the profit P as a function of the number of units sold.

P = 5.68x + 98000 P = -5.68x + 98000 P = -5.68x - 98000 P = 5.68x - 98000

Lew Sterling Jr by Lew Sterling Jr , 24, USA

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2 solutions

Lew Sterling Jr
Nov 19, 2014

Profit = Revenue – Cost

P = 17.98x – (12.30x + 98000)

P = 5.68x – 98000

3 Helpful 0 Interesting 0 Brilliant 0 Confused
Stephard Donayre
Nov 23, 2014

I do mental math with the help of probability of choosing the right letter and instinct in answering when in multiple choices ... No other reasons...

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