A manufacturer of Compact Discs (CDs) has a fixed cost of $ 15,000 and variable cost of $11 per CD made. Selling price is $16 per CD.

I.Find the revenue, cost and profit functions?

II.What is the profit if 5555 CDs are made and sold?

III.What is the profit if 2999 CDs are made and sold?

IV.At what number of CDs made and sold will the manufacturer break-even?

V.At what sales volumes (revenue) will the break-even occur?

Answer rating: 100% (QA)

I Let x be the number of CDs made and sold The revenue function Rx can be calculated as follows Rx S... View the full answer