5.A firm sells a product for Rs. 750. Variable costs per unit are Rs. 200 for materials and Rs. 300 for labor whereas annual fixed cost is Rs.100000. a.Construct the profit function in terms of x, the number of unitsproduced and sold. b.What profit is earned if annual sales are 1500 units? c.What level of output is required in order to earn zero profit?​



Answer :

Other Questions