The cost function for flavored coffee at an upscale coffeehouse is given in dollars by C(x) =

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 coffee sells for $7 per pound.
(a) Find the break-even quantity.
(b) What will the revenue be at that point?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Calculus With Applications

ISBN: 9780135871348

12th Edition

Authors: Margaret L. Lial

See More Books

Question Posted: Dec 16, 2022 09:32 AM

See More Questions

The price-demand equation and the cost function for the production of HDTVs are given, respectively, by x = 9,000 - 30p and C(x) = 150,000 + 30x where x is the number of HDTVs that can be sold at a...
The price-demand equation and the cost function for the production of hand woven silk scarves are given, respectively, by p=60 - 2xand C(x) = 3,000 + 5x where x is the number of scarves that can be...
The pricedemand equation and the cost function for the production of garden hoses are given, respectively, by p = 20 - x and C(x) = 500 + 2x where x is the number of garden hoses that can be sold at...
You are analyzing HUE stock. You expect that the dividends over the next three years will be $1.75 in year 1, $1.90 in year 2, $2.00 in year 3 and that HUEs stock price will be $46.32. What is the...
Suppose that a study is designed to choose between the hypotheses: Null hypothesis: Population proportion is 0.25. Alternative hypothesis: Population proportion is higher than 0.25. On the basis of a...
A floor polisher has a rotating disk that has a 15-cm radius. The disk rotates at a constant angular velocity of 1.4 rev/s and is covered with a soft material that does the polishing. An operator...
Discuss the occupational stereotypes that you hold about computer programmers, the clergy, truck drivers, bartenders, and bankers. How do you think these stereotypes have developed? Has an...
Daisuke Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $5 each. Each radio uses one speaker. The company has idle capacity and is...
1. List the three criteria for an ideal monetary system. 2. List 2 of the 4 factors lead to the Asian Currency Crisis
Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its...
Graph each equation. 3y - 7x = -21
Graph each equation. 3x - y = -9
A man with a height of 1.8 m stands 3.0 m in front of a plane mirror viewing his image. How tall is the image, and how far from the man is the image located
How do work-life balance choices vary depending on variables like age, gender, or disability status? Is it up to the individual to overcome personal adversities, or should the social structure seek...
Consider the following two investment opportunities. The investor's MARR is 10% and the investor only has enough funds to invest in one of the projects. Which one should be chosen? 2 3 -800 215 215...
(b) Consider the following Verilog code implementing a finite state machine (FSM). (i) Draw the corresponding state transition diagram. Explain what this FSM does. (4 marks) (2 marks)
Jason deposits $5000 into his savings account at the end of every 3 months for 10 years. For the first 4 years, money accumulates at an annual nominal rate of 5% compounded quarterly. The interest...
1. A certain silicon gate NMOS transistor occupies an area of 252, where is the minimum lithographic feature size. (a) How many MOS transistors can fit on a 5 x 5 mm die if h = 0.5m? (b) 0.34 m? (c)...
Consider each of the following transactions and examine whether they satisfy the expense definition criteria: a. Paid wages owing from the previous reporting period b. Owner withdrew money for a...
Chicago Company sold merchandise to a customer for $1,500 cash in a state with a 6% sales tax rate. The total amount of cash collected from the customer was $558. $600. $642. $636. Nevada Company...
Solve each inequality. Give the solution set in interval notation. 4|x - 3| > 12
Solve each problem. Acid Mixture How much pure acid should be added to 18 L of 30% acid to increase the concentration to 50% acid?
Determine whether each equation is an identity, a conditional equation, or a contradiction. Give the solution set. -8(x + 5) = -8 x - 5(x + 8)
Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The company's predetermined overhead rate of $2.40 per machine-hour was based on a...
Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The company's predetermined overhead rate of $2.40 per machine-hour was based on a...
You have $201,000 in an investment account on January 1. Your investments do well and by august 30 , the balance is $249,000. You add $32,000 to the account on september 1 taking your balance to...

The cost function for flavored coffee at an upscale coffeehouse is given in dollars by C(x) =

Question:

Step by Step Answer:

a The breakeven quantity is ...View the full answer

Calculus With Applications

Students also viewed these Mathematics questions