Question: Adidas makes shoes and the variable cost to make each pair of shoes is $90, fixed cost is $4500 and the selling price is $150

Adidas makes shoes and the variable cost to make each pair of shoes is $90, fixed cost is $4500 and the selling price is $150 per pair. The factory's production capacity for the period is 300 pairs of shoes.

Express the total revenue equation and the total cost equation.

Calculate the breakeven point.

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