Joanne Wendelken sells silk-screened T-shirts at community festivals and crafts fairs. Her marginal cost to produce one
Question:
Joanne Wendelken sells silk-screened T-shirts at community festivals and crafts fairs. Her marginal cost to produce one T-shirt is $3.50. Her total cost to produce 60 T-shirts is $300, and she sells them for $9 each.
a. Find the linear cost function for Joanne’s T-shirt production.
b. How many T-shirts must she produce and sell in order to break even?
c. How many T-shirts must she produce and sell to make a profit of $500?
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a The linear cost function can be expressed as the sum of the fixed cost cost when producing 0 Tshir...View the full answer
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Related Book For 
Calculus With Applications
ISBN: 9780321831101
10th Edition
Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey
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