Question: the total costs for a certain product are given by...
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?