The Cost C of Producing T $C ( t ) = 3 t ^ { 2 } + 7 t$

question 47

Multiple Choice

The cost C of producing t units is given by $C ( t ) = 3 t ^ { 2 } + 7 t$ and the revenue R generated from selling t units is given by $R ( t ) = 4 t ^ { 2 } + t$ . For what values of t will there be a profit?

• A) \(t > 8\)
• B) \(t > 6\)
• C)\(t > 0\)
• D) \(t > 7\)

Analyze the impact of replacing existing equipment on variable manufacturing costs and overall income.

Determine the most profitable sales mix for a company based on production capacity, selling prices, and variable costs.

Calculate markup percentages and price determination based on total costs.

Evaluate make or buy decisions considering relevant costs.

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