A company distributes college logo sweatshirts and sells them for $50 each. The total cost function is
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A company distributes college logo sweatshirts and sells them for $50 each. The total cost function is linear, and the total cost for 100 sweatshirts is $4360, whereas the total cost for 250 sweatshirts is $7060.
(a) Write the equation for the revenue function.
(b) Write the equation for the total cost function.
(c) Find the break-even quantity?
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a Rx 50x b We have points 100 4360 and 250 7060 on t...View the full answer
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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