You start a t-shirt manufacturing plant. You spend $8 on each shirt you produce, and then...

You start a t-shirt manufacturing plant. You spend $8 on each shirt you produce,

and then sell them to a clothing store for $10 each. Each month, your building lease costs you $12000.

(a) Compute a cost function C(x) for the business.
(b) Compute a revenue function R(x) for the business.
(c) Compute a profit function P (x) for the business.

(d) Finally, compute the marginal cost function C(x).

Expert Solution

milcah answered 2 years ago

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