Question

This Question: 6 pts 18 of 42 25 complete) Joanne sells sik-screened T-shirts at community festivals and craft fairs. Her marginal cost to produce one T-shirt is $3.50. Her total cost to produce 80 T-shirts is $340, and she sels them for $7 each a. Find the linear cost function for Joanne's T-shirt production . How many T-shirts must she produce and sell in order to break even? c. How many T-shirts must she produce and sell to make a profit of $9007 2. The inear cost function is C(x) = 3.508 + 80 b. Joanne must produce and sell T-shirts in order to break even c. Joanne must produce and Tahits to make a profit of $100

Answer 1

* let C(x) - mgtb Given Marginal cost = m = 3.50 and total cost to produce 80 T-shirts = 340$ 340 = 3.50(80)+b b = 60 f fixed costs. - linear cost function - (028) = 3.50 5 +60 To Break even) CCI) = Rcg) RCS) - 75 3.50 S + 60 - FS >> 3.5 S 60 60 2,5 17.14 18 shirts (0 ) PCS) = RG) – ccc) 75 - (3.5 5 +60) 900 900 - 3.55 - 60 1.55 960 Sa 274.28 ř 275 T-shirts