Question: QUESTION 8 (10 Marks) 8.1. A company makes plastic containers and sells them at R 45 each. The cost of production consists of a fixed

QUESTION 8 (10 Marks) 8.1. A company makes plastic containers and sells them at R 45 each. The cost of production consists of a fixed cost of R 28 050 and a variable cost of R 12 per container. Let x be the number of containers produced and sold. 8.1.1. Write down the income equation. 45 (2 marks) 8.1.2. Write down the cost equation. 28050 +12X (2 marks) 8.1.3. What is the profit equation? (1 mark) 8.1.4. Hence, find the break-even production level for this company. (2 marks) 8.2. The sum of the profits made by a company for 2 consecutive years is R 15 million. The difference between the profits is R7 million. What are the profits in these 2 years? (3 marks) 4,645

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