Solve the Problem $C ( x ) = 69 x + 4050$

question 40

Multiple Choice

Solve the problem.
-An-Mei owns a business making and selling jackets. She has a fixed cost of $4050. It costs $69 to produce each jacket. The selling price is $96 per jacket. Let x represent the number of jackets produced and sold
And write the cost function, C, and revenue function, R.

• A) \(C ( x ) = 69 x + 4050\)
• \(R ( x ) = 96 x\)
• B) \(C ( x ) = 69 + 96 x\)
• \(R ( x ) = 4050 x\)
• C) \(C ( x ) = 69 + 4050 x\)
• \(R ( x ) = 96\)
• D) \(C ( x ) = 69 x + 4050 x\)
• \(R ( x ) = 96 x\)

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Definitions:

Product Appearance

The external design and aesthetic attributes of a product that contribute to its market appeal.

Marketing Mix

The set of actionable marketing tools that a company uses to pursue its marketing objectives in the target market.

Competitive Market

A market structure characterized by a large number of firms or sellers offering products or services that are similar but differentiated in some way.

Ever-Changing Market

Describes a market that is constantly evolving due to factors like technological innovation, consumer preferences, and economic conditions.