Question: 5 Q080 Break Even Analysis Page 159 Total Cost variable cost + fixed cost Break even when revenue = cost. Profit = revenue - cost
5 Q080 Break Even Analysis Page 159 Total Cost variable cost + fixed cost Break even when revenue = cost. Profit = revenue - cost A company manufactures a dish washer that sells to retailers for $550. R(x)=550 ** The cost of making x of these dish washer is given by the cost function C(x)=240x+1560 a. Write the revenue function and determine the revenue if 43 are sold. 3 points b. Determine the profit function. What is the profit if 58 are sold. 3 points c. Determine the break even point. 8 points
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
