Problem 624


Find expressions for the Revenue, Cost, and Profit from selling x thousand items.

Item Price Fixed Cost Variable Cost
5.0058,684 3698x




Revenue=5000x (5 dollar per item * 1000x)

Cost=58684+3698x (fixed cost+variable cost)

Profit=5000x-58684-3698x (revenue profit)

Profit= 1302x-58684


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