A company decided a profit function P(x)= 15x + 30 for a product. If fixed cost for
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Question:
A company decided a profit function P(x)= 15x + 30 for a product. If fixed cost for the company is RO 25000 and the manufacturing cost of a product per item is RO S.
a. Find the total revenue function in term of x.
b. 800 items be sold, what price should company charge per item of a product to ensure no loss.
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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