Sunday
April 19, 2015

Homework Help: algebra

Posted by Anonymous on Saturday, February 11, 2012 at 10:12am.

Our hardware store buys tools for $15 each, marks them up and sells them for $30. Their monthly expenses (fixed costs) are $10,000.

a. What is the cost function?

b. What is the revenue?
c. How many units must be sold for the company to get a profit?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

economics - HELP!!!!! One and only Inc is a monopolist. The demand function for ...
marketing - 1.A store has fixed costs of 80,000 and an avarage gross margin of ...
Entrepreneurship - What are five fixed cost? Fixed costs are things a firm pays ...
accounting - "Harris Company manufactures and sells a single product. A ...
MircroEconomics - Production & Cost - Please check my answers if they are ...
college finite math - A product may be made using Machine I or Machine II. The ...
Economics - You’ve been hired by an unprofitable firm to determine whether it ...
Quantitative Business Analysis - John is considering adding balloons to the ...
Math - The demand for item A is P=40 -3.5Q The production of A entails the ...
accounting - Cournot Company sells 100,000 wrenches for $12 a unit. Fixed costs ...

Members