A company markets exercise DVDS that sell for $19.95, including shipping and handling. The monthly fixed costs (advertising, rent, etc.) are $21,170 and the variable costs (materials, shipping, etc.) are $5.45 per DVD. (A) Find the cost equation and the revenue equation. (B) How many DVDS must be sold each month for the company to break even? (C) Graph the cost and revenue equations in the same coordinate system and show the break-even point. Interpret the regions between the lines to the left and to the right of the break-even point.

A company markets exercise DVDS that sell for $19.95, including shipping and handling. The monthly fixed costs (advertising, rent, etc.) are $21,170 and the variable costs (materials, shipping, etc.) are $5.45 per DVD. (A) Find the cost equation and the revenue equation. (B) How many DVDS must be sold each month for the company to break even? (C) Graph the cost and revenue equations in the same coordinate system and show the break-even point. Interpret the regions between the lines to the left and to the right of the break-even point.

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter1: Equations And Graphs

Section1.3: Lines

Problem 89E

See similar textbooks

Similar questions

How do you find x-intercepts and y-intercept of a graph of an equation?
How do you find x-intercepts and y-intercepts of a graph of an equation?
If you are performing a break-even analysis for a business and their cost and revenue equations are dependent, explain what this means for the company's profit margins.
Compare and contrast the graphs of the equations x24y29=1 and y29x24=1.