For manufacturer M, the cost C of producing X units of its product per month is given by c=kx+t, where c is in dollars and k and t are constants. Last month, if manufacturer M produced 1000 units of its product and sold all the units for k+60 dollars each, what was manufacturer M's gross profit on the 1000 units?
1) Last month, manufacturer M's revenue from sale of the 1000 units was $150,000
2) manufacturer M's cost of producing 500 units in a month is $45000 less than its cost of producing 1000 units in a month.
1) Last month, manufacturer M's revenue from sale of the 1000 units was $150,000
2) manufacturer M's cost of producing 500 units in a month is $45000 less than its cost of producing 1000 units in a month.
