Question: The cost function for flavored coffee at an upscale coffeehouse is given in dollars by C(x) = 3x + 160, where x is in pounds.
The cost function for flavored coffee at an upscale coffeehouse is given in dollars by C(x) = 3x + 160, where x is in pounds. The coffee sells for $7 per pound.
(a) Find the break-even quantity.
(b) What will the revenue be at that point?
Step by Step Solution
3.37 Rating (150 Votes )
There are 3 Steps involved in it
a The breakeven quantity is ... View full answer
Get step-by-step solutions from verified subject matter experts
