A company is planning to produce and sell a new line of computers. The fixed cost will be $360,000 and it will cost $850 to produce each computer. Each computer will be sold for $1150. Solve, a. Write the cost function, C, of producing x computers. b. Write the revenue function, R, from the sale of x computers. c. Determine the break-even point. Describe what this means.
A company is planning to produce and sell a new line of computers. The fixed cost will be $360,000 and it will cost $850 to produce each computer. Each computer will be sold for $1150. Solve, a. Write the cost function, C, of producing x computers. b. Write the revenue function, R, from the sale of x computers. c. Determine the break-even point. Describe what this means.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 106E
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A company is planning to produce and sell a new line of computers. The fixed cost will be $360,000 and it will cost $850 to produce each computer. Each computer will be sold for $1150. Solve,
a. Write the cost function, C, of producing x computers.
b. Write the revenue function, R, from the sale of x computers.
c. Determine the break-even point. Describe what this means.
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