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Home Q & A Board Science-Related Homework Help Mathematics Calculus
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Catracho Catracho
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4 years ago
OmiCron manufactures timers and has a monthly fixed cost of $48,000, with a production cost of $8 for each timer manufactured. The timers will sell for $14 each. Define functions and the input variable(s) for each of the following.
a) What is OmiCron’s monthly cost function?
b) What is OmiCron’s monthly revenue function?
c) What is OmiCron’s monthly profit function?
d) How many timers does OmiCron have to sell each month to break even?
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Educator
4 years ago


Solution provided below
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