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3 October, 06:32

The latest demand equation for your Yoda vs. Alien T-shirts is given by: q = - 40x + 800 where q is the number of shirts you can sell in one week if you charge $x per shirt. The Student Council charges you $400 per week for use of their facilities, and the T-shirts cost you $4 each. Find the weekly cost as a function of the unit price x ...?

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  1. 3 October, 06:53
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    Cost function=fixed cost + variable cost = 400 + (something)

    okay let's think we can only sell q shirts per week and each shirt cost us 4 dollars so i think the Cost function = 400+4q = 400+4 (-40x+800) = 400-160x+3200 = - 160x+3600

    but i'm not sure of the this terminology
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