A company that manufactures small canoes has a fixed cost of $18,000. It costs $20 to produce each canoe. The selling price is $40 per canoe. (In solving this exercise, let x represent the number of canoes produced and sold.) a. Write the cost function. C(x) = 18000 + 20x (Type an expression using x as the variable.) b. Write the revenue function. R(x) = 40x (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.) I' (1,1) More

A company that manufactures small canoes has a fixed cost of $18,000. It costs $20 to produce each canoe. The selling price is $40 per canoe. (In solving this exercise, let x represent the number of canoes produced and sold.) a. Write the cost function. C(x) = 18000 + 20x (Type an expression using x as the variable.) b. Write the revenue function. R(x) = 40x (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.) I' (1,1) More

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter8: Functions

Section8.CR: Review Problem Set

Problem 50CR

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