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The marginal cost to produce one T-shirt is $2.50. The total cost to produce 40 T-shirts is $160, and they are sold for $7 each.?

Science & Mathematics by Anonymous 2018-05-18 11:06:11

Social Science

The marginal cost to produce one T-shirt is $2.50. The total cost to produce 40 T-shirts is $160, and they are sold for $7 each.?

1 answer

1) Find the linear cost function 2) How many T-shirts must be sold to break even? 3) How many T-shirts to make a profit of $800.

  • Anonymous

    1) C(x) = total cost function in $ where x = number of shirts dC/dx = 2.5 C(x) = 2.5x+D 160 = 2.5*40+D D = 60 C(x) = 2.5x + 60 2) 7x = 2.5x+60 x = 13.33 Answer 14 shirts 3) 800 = 4.5x-60 x = 191.11 Answer 192 shirts

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