A company sells a package of face masks for $16.95. Assume the total costs (in dollars) to
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Question:
A company sells a package of face masks for $16.95. Assume the total costs (in dollars) to produce ???? packages of masks is C(x)=0.25x+725 .
A. What is the company's revenue function, R(x) ?
R(x)=
B. What is the company's revenue from selling 80 packages of face masks?
$
(Round your answer to two decimal places if needed.)
C. What is the company's profit from selling 80 packages of face masks?
$
(Round your answer to two decimal places if needed.)
Related Book For
Managerial Economics and Organizational Architecture
ISBN: 978-0073523149
6th edition
Authors: James Brickley, Clifford W. Smith Jr., Jerold Zimmerman
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