1. A small business recaps and sells tires. If a set of four tires has the revenue...
Question:
R(x) = 89x
and the cost function
C(x) = 1400 + 75x
find the number of sets of recaps that must be sold to break even?
2. A manufacturer sells belts for $12 per unit. The fixed costs are $1600 per month, and the variable cost per unit is $8.
(a) Write the equations of the revenue and cost functions.
(b) Find the break-even point?
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1 Rx 89x Cx 1400 75x At the breakeven point ...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
Question Posted:
