Homework Help: Algebra Word Problems

Posted by mike on Friday, December 18, 2009 at 6:56pm.

A manufacturer has decided to come out with a new and improved toilet. The fixed cost for the production of this new toilet line is $16,000 and the variable costs are $68 per toilet. The company expects to sell the toilets for $154. Formulate the function C(x) for the total cost of procucing x new toilets and a function R(x) for the total revenue generated from the sales of x toilets.

Algebra Word Problems - drwls, Saturday, December 19, 2009 at 1:51am
C(x) = 16,000 + 68 x
R(x) = 154 x

Answer this Question

Related Questions

algebra - A furniture manufacturer can sell dining room tables for $4,000 each. ...
Economics - The accompanying table shows a car manufacturer’s total cost of...
cost accounting - Define variable, semi variable, fixed and semi fixed which is ...
Marketing - A manufacturer of AC units realizes a cost of $55.00 for every unit ...
micro economics - Consider a firm that has a fixed cost of $60 a minute. output=...
economics - Teddy Bear, Inc., a rapidly growing manufacturer of high fashion ...
Math - A manufacturer produces certain devices. The fixed cost of production is...
math,algebra,help - Problem states: Business and finance. The cost of producing ...
Algebra HELP:( - The total cost of purchasing from a mailorder catalog, y, is a ...
algebra - URGENT! How do you calculate for marginal cost against fixed cost. E.g...

For Further Reading

First Name:
School Subject:
Answer: