Question

A college student with a small start-up company produces skateboards to sell in his hometown. He spends $3,000 for tools and marketing items to advertise the skateboards. Supplies for each skateboard cost $12. He sets a sales price at $27 per skateboard.

Answer 1

The correct solution is "27x".

Explanation:

Throughout the question, the given values are:

Fixed cost,

= $3000

Variable cost,

= $12

Sales prize,

= $27

Let,

The number of skateboards produced will be "x".

Now,

⇒
`Cost = Fixed \ cost+ Variable \ cost`

`C(x) =3000+12x`

hence,

Reverse R(x) will be:

=
`Price* Number \ of \ skateboard`

=
`27* x`

=
`27x`