Reference no: EM132974741
Question - The cost of manufacturing 10 cardboard bags per day is 2200 pesos, while manufacturing 20 bags of the same type costs 3800 pesos. It is known that in the market each cardboard bag sells for 200 pesos.
Assuming it is a linear cost model.
a) Find the Total Cost function.
b) Find fixed and variable costs per unit.
c) Find the Total Income function.
d) Find the Total Gain function.
e) How much does it cost to make 30 bags per day?
f) How much income is obtained by selling 30 bags per day?
g) How much profit does 30 bags per day make and sell?
h) Find the equilibrium point.
i) The factory for technology reasons can only manufacture 100 bags per day, what should be the value of the sale price so that the company does not lose or win.