The fixed and variable costs to produce an item are given

Last updated: 6/23/2023

The fixed and variable costs to produce an item are given along with the price at which an item is sold Fixed cost 3048 Variable cost per item 17 10 Price at which the item is sold 29 10 Part 1 of 4 a Write a linear cost function that represents the cost C x to produce x items The linear cost function is C x 3048 17 10x Part 1 4 Part 2 of 4 X b Write a linear revenue function that represents the revenue R x for selling x items