Cost and Revenue Models In Exercises 31-34, do the following.
(a) Express the cost C as a function of x, where x represents the quantity of items as given.
(b) Express the revenue Rasa function of x.
(c) Determine the value of x for which revenue equals cost.
(d) Graph the equations
on the same axes, and interpret the graph.
Frank operates a delivery service in a southern city. His start-up costs amounted to $2300.He estimates that it costs him (in terms of gasoline, wear and tear on his car, etc.) $3.00 per delivery He charges $5.50 per delivery. Let x represent the number of deliveries he makes.
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