question b reads "using mathemetical notation, give a mathemwtical model for calculating profit. write your answers in terms of the following variables: q- production volume, r- revenue per unit, fc- fixed cost of production, mc- material cost per unit, lc- labor cost per unit, p(q)- total profit for producing q units Cox Electric makes electronic components and has estimated the following for 3 new design of one of its products. - Fixed Cost =$12,000 - Material Cost per Unit =$0.16 - Labor Cost per Unit =$0.12 - Revenue per Unit =$0.66 (c) Implamentu spreadsheet design. (d) if C5.

1. question b reads "using mathemetical notation, give a mathemwtical model for calculating profit.
write your answers in terms of the following variables: q- production volume, r- revenue per
unit, fc- fixed cost of production, mc- material cost per unit, lc- labor cost per unit, p(q)- total
profit for producing q units Cox Electric makes electronic components and has estimated the
following for 3 new design of one of its products. - Fixed Cost =$12,000 - Material Cost per Unit
=$0.16 - Labor Cost per Unit =$0.12 - Revenue per Unit =$0.66
(c) Implamentu spreadsheet design. (d) if C5