A company has fixed costs of 28000 and variable costs of


A company has fixed costs of $ 28000 and variable costs of 0.4x +222 dollars per unit, where x is the total number of units produced. Also, the selling price of its product is 1250-0.6x dollars per unit.

1. Write the total cost function C(x)

2. .Write the total revenue function R(x)

3. Write the total profit function R(x)-C(x)

4. Find the break even point(s). R(x) = C(x)

Request for Solution File

Ask an Expert for Answer!!
Econometrics: A company has fixed costs of 28000 and variable costs of
Reference No:- TGS0578237

Expected delivery within 24 Hours