Mathematics, 06.02.2021 14:00 dnicole43

A company has a linear total cost function and has determined that over the next three months it can produce 13,000 units at a total cost of $226,000. This same manufacturer
can produce 16,000 units at a total cost of $296,000. The sales price per unit is $31.25.
i. Find the revenue, cost, and profit functions using q for number of units.
ii. Find the marginal cost, average cost and fixed cost.
iii. Find break-even quantity.

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A company has a linear total cost function and has determined that over the next three months it...