break even point.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter8: Cost Analysis
Section: Chapter Questions
Problem 9E
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A printing press distributes college textbook in Mathematics and sells them for
Php 550.00 pesos each. Assuming that the total cost function is linear, the total
cost for 100 is Php 15,000.00 while the total cost 150 college textbook is Php
25,000.00. How many Math college textbook must be sold to break even?
a. Find the slope between the given points.
b. Write the slope-intercept form of C(x)
c. Find the break even point.
d. Evaluate the C(x) Cost function
e. Evaluate the R(x) Revenue Function
Transcribed Image Text:A printing press distributes college textbook in Mathematics and sells them for Php 550.00 pesos each. Assuming that the total cost function is linear, the total cost for 100 is Php 15,000.00 while the total cost 150 college textbook is Php 25,000.00. How many Math college textbook must be sold to break even? a. Find the slope between the given points. b. Write the slope-intercept form of C(x) c. Find the break even point. d. Evaluate the C(x) Cost function e. Evaluate the R(x) Revenue Function
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