A company markets exercise DVDS that sell for $29.95, including shipping and handling. The monthly fixed costs (advertising, rent, etc.) are $40,420 and the variable costs (materials, shipping, etc.) are $6.45 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) What is the cost equation? C= 6.45x + 40420 (Type an expression using x as the variable. Do not include the $ symbol in your answer.) What is the revenue equation? R= 29.95x (Type an expression using x as the variable. Do not include the $ symbol in your answer.) (B) How many DVDS must be sold each month for the company to break even? DVDS
A company markets exercise DVDS that sell for $29.95, including shipping and handling. The monthly fixed costs (advertising, rent, etc.) are $40,420 and the variable costs (materials, shipping, etc.) are $6.45 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) What is the cost equation? C= 6.45x + 40420 (Type an expression using x as the variable. Do not include the $ symbol in your answer.) What is the revenue equation? R= 29.95x (Type an expression using x as the variable. Do not include the $ symbol in your answer.) (B) How many DVDS must be sold each month for the company to break even? DVDS
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
Related questions
Topic Video
Question
Please I need ONLY B AND C.
Thank you!
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.Recommended textbooks for you
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt