A company sells washing machines for $340 each. To produce a batch of n washing machines,...

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A company sells washing machines for $340 each. To produce abatch of n washing machines, there is a cost of $249 per washingmachine and a fixed or setup cost of $14,600 for the entire batch.Determine a function that gives the profit in terms of the numberof washing machines produced. What is the least number of washingmachines the company can sell in order to have a profit of$14,000?

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Revenue funtion Rn p n where p is selling price per item and n is number of items Cost function Cn F Vn where F is fixed or set up cost V is variable cost price per item and n is number of See Answer

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