A manufacturer has a monthly fixed cost of $30,000 and a production cost of $6 for each unit produced. The product sells for $25/unit.

What is the cost function?

__________

What is the revenue function?

__________

What is the profit function?

__________

Question

A manufacturer has a monthly fixed cost of $30,000 and a production cost of $6 for each unit produced. The product sells for $25/unit.
​
What is the cost function?
​
__________
​
What is the revenue function?
​
__________
​
What is the profit function?
​
__________

Quizplus · Accepted Answer

The Answer of A manufacturer has a monthly fixed cost of $30,000 and a production cost of $6 for each unit produced. The product sells for $25/unit.
​
What is the cost function?
​
__________
​
What is the revenue function?
​
__________
​
What is the profit function?
​
__________

A Manufacturer Has a Monthly Fixed Cost of $30,000 and a Production