Sunday

February 1, 2015

February 1, 2015

Posted by **Mark** on Thursday, January 27, 2011 at 8:45pm.

It follows that his fixed cost is? and his net profit per unit produced is?

- Math -
**Reiny**, Thursday, January 27, 2011 at 9:23pmTreat your information as 2 ordered pairs of the form

(x,p) where x is the number of units, and p is the profit.

So you have (8500, 47600) and (11500, 65600)

slope = (65600-47600)/(11500-8500) = 6

so your equation in the form y = mx + b is

p = 6x + b

sub in the first point

47600 = 6(8500) + b

b = -3400

p = 6x - 3400

Can you interpret this equation?

e.g. What is his "profit" if he makes zero units ?

- Math -
**Mark**, Friday, January 28, 2011 at 3:03pmI got that far. But I still do not know how to find the fixed cost and net profit from the p(x) equation.

**Answer this Question**

**Related Questions**

math - A manufacturer can produce 8,500 units for a total profit of 47,600.00 ...

New Age Math - A manufacturer can produce 8,500 units for a total profit of 47,...

Computer Programming - I'm trying to create a vba code that solves this problem...

math - A factory can produce two products, x and y, with a profit approximated ...

math - The profit P ( in dollars) for a manufacturer of sound systems is given ...

Math(Please check) - What is the difference between the actual increase in ...

Calculus - A manufacturer can produce digital recorders at a cost of 60 dollars...

calculus - A fertilizer producer finds that it can sell its product at a price ...

Accounting - I am having the worst time: I need to build a four year projected ...

calculus - (1 pt) The following table gives the cost and revenue, in dollars, ...