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I need to find P=?
Profit from Sunday Home Delivery. For $1.76 per copy, the Chicago Tribune will deliver the Sunday newspaper to your front door. The cost to the Tribune for Sunday home delivery is approximately $0.87 per newspaper with fixed costs of 1035000 .
Determine the profit P of delivering X newspapers.
2 Answers
- 1 decade agoFavorite Answer
Profit = Total Revenue - Total Cost
Let X be the number of newspapers
Total Revenue = 1.76 multiplied by the number of newspapers delivered, therefore total revenue will be 1.76 X
Totat Cost = Fixed Cost + Variable Cost
Fixed Cost = 1,035,000
Variable Cost = 0.87 multiplied by the number of newspapers delivered, therefore total variable cost is 0.87X
Total Cost = 1,035,000+0.87X
Profit (P) = 1.76X - (1,035,000+0.87X)
- Anonymous1 decade ago
(1.76-0.87)*X-1035000
