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May 25, 2015

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.

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