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    wcmoore23's Avatar
    wcmoore23 Posts: 1, Reputation: 1
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    #1

    Apr 27, 2011, 09:41 AM
    cost function equation
    ASU bookstore is selling silk-screened T-shirts for the Thanksgiving Homecoming game. The setup fee is $150.00. The total cost to produce 100 T-shirts is $2000. The bookstore will sell the T-shirt for $25. How much is the bookstore paying for each shirt? The bookstore wants to produce 600 T-shirts. Should the bookstore produce the shirts?
    Unknown008's Avatar
    Unknown008 Posts: 8,076, Reputation: 723
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    #2

    Apr 27, 2011, 10:13 AM

    1) The bookstore pays $2000 for 100 T-shirts...

    1 T-shirt = $ ?

    2) Work out the cost of producing 600 T-Shirts.
    Then work out the total money it will get by selling the T-Shirts.
    Deduce the setup fee and find the profit.

    If the profit is positive, then the shop should go for it. Otherwise... not.

    What do you get? :)
    jaziboo2's Avatar
    jaziboo2 Posts: 1, Reputation: 1
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    #3

    Nov 29, 2012, 08:53 AM
    That does not help can you explain step by step
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