A manufacturer of a wifi router has a monthly fixed cost of $26,000 and a production cost of $22 router manufactured. The wifi routers are sold to retailers for $48.

A manufacturer has a  wifi router has a monthly fixed cost of $26,000 and a production cost of $22 for each unit produced. The  wifi routers sells for $48unit.

a) What is the cost function?
C(X) =

b) What is the revenue function?
R(x) =

c) What is the profit function?
P(X) =

d) Compute the profit (loss) corresponding to production levels of 6,000 and 9,000 units.
P(6,000) =
P(9,000) =

Answer rating: 100% (QA)

Griven fixed cost 26000 Poroduc tion Cost 22 pe Uuit sell fuei ce 48 ... View the full answer