A company that manufactures small canoes has a fixed cost of $16,000. It costs $40 to produce each canoe. The selling price is $80 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 O B. there is more money coming in than going out. O C. the money coming in equals the money going out. O D. there is not enough information.
A company that manufactures small canoes has a fixed cost of $16,000. It costs $40 to produce each canoe. The selling price is $80 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 O B. there is more money coming in than going out. O C. the money coming in equals the money going out. O D. there is not enough information.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.6: Solving Quadratic Equations By Using The Quadratic Formula
Problem 64PFA
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