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24 March, 18:27

The inventor of a new game believes that the variable cost for producing the game is $0.90 per unit and the fixed costs are $6200. The inventor sells each game for $1.69. Let x be the number of games sold. The total cost for a business is the sum of the variable cost and the fixed costs. Write the total cost C as a function of the number of games sold.

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  1. 24 March, 19:14
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    Step-by-step explanation:

    Let x represent the number of units of games sold.

    The inventor of a new game believes that the variable cost for producing the game is $0.90 per unit and the fixed costs are $6200. It means that the total variable cost for x units would be

    0.9 * x = 0.9x

    The inventor sells each game for $1.69. This means that the total revenue from x units of games sold would be

    1.69 * x = 1.69x

    The total cost for a business is the sum of the variable cost and the fixed costs. Therefore, the total cost for the number of games sold would be

    C = 6200 + 0.9x

    Profit = Revenue - total cost

    Therefore,

    Profit = 1.69x - (6200 + 0.9x)

    = 1.69x - 0.9x - 6200

    = 0.79x - 6200
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