A company that manufactures small canoes has a fixed cost of $16,000. It costs $100 to produce each canoe. The selling price is $200 per canoe. (In solving this exercise, let x represent the number of canoes produced and sold.) .... a. Write the cost function. C(x) = (Type an expression using x as the variable.) b. Write the revenue function. R(x) = (Type an expression using x as the variable.) c. Determine the break-even point (Type an ordered pair. Do not use commas in large numbers.) This means that when the company produces and sells the break-even number of canoes O A. there is less money coming in than going out. B. the money coming in equals the money going out. O C. there is more money coming in than going out. O D. there is not enough information.
A company that manufactures small canoes has a fixed cost of $16,000. It costs $100 to produce each canoe. The selling price is $200 per canoe. (In solving this exercise, let x represent the number of canoes produced and sold.) .... a. Write the cost function. C(x) = (Type an expression using x as the variable.) b. Write the revenue function. R(x) = (Type an expression using x as the variable.) c. Determine the break-even point (Type an ordered pair. Do not use commas in large numbers.) This means that when the company produces and sells the break-even number of canoes O A. there is less money coming in than going out. B. the money coming in equals the money going out. O C. there is more money coming in than going out. O D. there is not enough information.
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter1: Functions
Section1.4: Functions Given By Words
Problem 13E
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Transcribed Image Text:A company that manufactures small canoes has a fixed cost of $16,000. It costs $100 to produce each canoe. The selling price is $200 per canoe. (In solving this
exercise, let x represent the number of canoes produced and sold.)
a. Write the cost function.
C(x) =
(Type an expression using x as the variable.)
b. Write the revenue function.
R(x) = (Type an expression using x as the variable.)
c. Determine the break-even point.
(Type an ordered pair. Do not use commas in large numbers.)
This means that when the company produces and sells the break-even number of canoes
0 0
A. there is less money coming in than going out.
B. the money coming in equals the money going out.
0 of
O C. there is more money coming in than going out.
O D. there is not enough information.
0 of 4
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