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Business, 20.09.2020 17:01 gdominguez2005

Linda decides to open a kiosk in the mall selling baseball hats. It costs her $2280 to stock 100 hats and $3580 to stock 500 hats. She decides to charge $8 for every hat that she sells. 1) What is the marginal cost for each bottle? 2) What are Claire’s fixed costs to set up the kiosk? 3) Write Claire’s cost function. 4) Write Claire’s revenue function. 5) How many bottles of lotion does Claire’s have to sell in order to break even? 6) Write Claire’s profit function. 7) What is Claire’s profit if she sells 1,000 bottles?

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Linda decides to open a kiosk in the mall selling baseball hats. It costs her $2280 to stock 100 hat...
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