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Lighting Warehouse produces q solar lamps at a fixed cost of R10 000 per week.
Each lamp costs R150 to produce and is sold for R350.
What are the equations for total revenue, total cost and profit function?
a. 350q; 150q; 150q − 150q
b. 350q; 150q + 10 000; 200q − 10 000
c. 200q − 10 000; 350q + 10 000
d. 350q; 10 000; 350q − 10 000
Question 2
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Marked out of 4.00
Lighting Warehouse produces q solar lamps at a fixed cost of R10 000 per week.
Each lamp costs R150 to produce and is sold for R350.
How many lamps were produced and sold if they made a loss of R2 000?
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