28. Sweet Delight Candies, Inc., has daily fixed costs from salaries and build-ing operations of $300. Each pound of candy produced costs $1 and issold for $2(a) Find the cost C of production for x pounds of candy.(b) Find the revenue R from selling x pounds of candy.(c) Find the break-even point

Question
Asked Oct 17, 2019
28. Sweet Delight Candies, Inc., has daily fixed costs from salaries and build-
ing operations of $300. Each pound of candy produced costs $1 and is
sold for $2
(a) Find the cost C of production for x pounds of candy.
(b) Find the revenue R from selling x pounds of candy.
(c) Find the break-even point
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28. Sweet Delight Candies, Inc., has daily fixed costs from salaries and build- ing operations of $300. Each pound of candy produced costs $1 and is sold for $2 (a) Find the cost C of production for x pounds of candy. (b) Find the revenue R from selling x pounds of candy. (c) Find the break-even point

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Step 1

(a) Let the number of pounds of candies be x.

The total production cost for x pounds of candy is = 300 + (1)(x), that is C = 300 + x.

Step 2

(b) Here, since each pound of candy is sold for $2, the total revenue from selling x pounds of candy is R = 2x.

Step 3

(c) The break-even point is computed by equating the above two equations.

...

300 x2x
x = 300
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300 x2x x = 300

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