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3. an individual is in the process of developing a product...

# Question: an individual is in the process of developing a product...

###### Question details
An individual is in the process of developing a product and as part of the process they are making an estimate of profits. The product has a total cost of $3,950 based on a unit. In addition, it has a fixed cost associated with rents and others of$ 3,500 per month. The sale price of the product is $150 per unit 1-Indicate the Total Cost equation and determine Variable Cost per unit 2. How many units do you have to sell to have a profit of$ 7,200 per month?

3-Calculate equilibrium point.

B- The total costs of producing 216 units of coffee machines are $1480 and the costs of producing 370 units of the same product are$ 2250. The data follow a linear relationship

1. Determine the variable cost

2. Determine the fixed cost

3. Construct the total cost equation

4. Make a projection of how much will cost 500 units.

C- The total costs for a certain product are given by Ct=$7.5 X +300 a. Indicate the Variable cost b. What is fixed cost? c. How much will cost 100 units D- The total cost equation for a certain product is given by the following equation$ 2.8X + 600. If the sale price of the product is $4.00 per unit. How many units do you have to sell for a profit of$ 500?

What is the equilibrium point?

###### Solution by an expert tutor 