Question: A company has cost function C(q) = 5600 + 6q dollars and revenue function R(q) = 14q dollars. (a) The fixed cost is $ (b)




A company has cost function C(q) = 5600 + 6q dollars and revenue function R(q) = 14q dollars. (a) The fixed cost is $ (b) The variable cost is $ per unit. (c) The company is charging $ i per item. (d) The break-even point is go = i items.The Quick-Food Company provides a college meal-service plan. Quick-Food has xed costs of 310000 dollars per term and variable costs of 600 dollars per student. Quick-Food charges 1000 dollars per student per term. How many students must sign up for the Quick-Food plan in order for the company to make a prot? Give the minimum possible integer value. More than n students
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